MBSB Bank Berhad has provided a RM95.8 mil structured facility to Jemaluang Dairy Valley Sdn Bhd (JDVSB), a strategic joint venture between Kulim (Malaysia) Berhad and A2 Fresh Holdings.
This landmark commitment catalyses Johor Corporation’s (JCorp) mandate to industrialise Malaysia’s agritech sector, positioning the East Coast Economic Region (ECER) as a high-yield regional food hub.
The capital will fund the deployment of Tier-1 dairy infrastructure, including the acquisition of high-yield A2 Jersey Friesian cattle and a world-class processing facility capable of producing 14 million litres of milk annually by 2027.
This initiative directly address critical gap in the high reliance on imported dairy and supports the national agenda for food resilience, transforming a fragmented landscape into a high-output, tech-driven industry.
“We view food security as a critical asset class that demands large-scale capital, as reflected in our RM1 billion Agro-ESG mandate,” said Group CEO Rafe Haneef.
“This RM95.8 million facility serves as a commitment to anchor Johor’s first fully integrated dairy ecosystem, creating a tech-enabled, ESG-compliant infrastructure that is vital to strengthening Malaysia’s domestic self-sufficiency.”
Meanwhile, Jemaluang Dairy Valley CEO Qasem Alhasan said: “JDVSB is designed as an end-to-end dairy ecosystem—combining world-class farming technology, sustainable practices and local talent development—to deliver high-quality, locally-produced milk at scale while supporting Malaysia’s long-term food security goals.”
The Jemaluang Dairy Valley project serves as a definitive proof of concept for Precision Agriculture 4.0.
Beyond the financing, the project’s significance lies in its circular economy integration, where advanced waste management systems convert bovine byproduct into organic fertilisers, effectively stripping synthetic inputs out of the supply chain.
This is paired with a genetic optimisation strategy, utilising 1,000 imported A2 cattle with projected yields that nearly triple local production averages.
Furthermore, the project acts as a catalyst for human capital transformation within the ECER. Through a structured technical “up-skilling” programme, local labour is being transitioned into high-value roles within the modern agritech sector, ensuring that the economic benefits of this facility extend deep into the community. ‒ Feb 25, 2026
Main image: The Edge Malaysia
