Further to the announcement of 17 December 2020 regarding the completion of the acquisition of three (3) parcels of freehold land held under Geran 270934 Lot No. 61320, Geran 270935 Lot No. 61321 and Geran 270936 Lot No. 61322 in Mukim of Bandar Baru Enstek, District of Seremban, State of Negeri Sembilan measuring approximately 40470 square meters, 40570 square meters and 50860 square meters respectively (collectively, “Lands”), the Board of Directors of the Company wishes to announce that new manufacturing facilities will be constructed on the Lands between the years 2021 to 2025 at a total capital investment of RM340 million.  This investment is in line with DLMI’s long-term plans of improving its manufacturing capabilities to keep up with the demand for its products and with new consumer trends which will strengthen its ability to provide the goodness and nutritional value of milk to its customers.  

Please refer to the attachment for further details.

This announcement is dated 17 December 2020.