Fonterra Shows Faith With Cultured Dairy Investment

New Zealand dairy giant Fonterra has invested MYR25mn (US$7.3mn) in its Fonterra Brands Malaysia subsidiary in order to upgrade and double production at its Kuala Lumpur factory. With dairy not a traditional part of the local diet, and with consumption levels thus fairly low at present, Fonterra has identified significant opportunities for growth in the country, on the back of ongoing economic

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