Singapore’s Dymon invests in THMC


Loi Tuan Ee(pic) founded THMC in 2007 with initial operations in dairy goat farming. The company then expanded operations into dairy cow farming with the import of 60 Holstein Jersey cows from Australia. Today, more than 10 years later, THMC has more than 5,000 cows across its farms in Malaysia and Australia.

PETALING JAYA: Singapore-based Dymon Asia Private Equity (DAPE) has invested in The Holstein Milk Company Sdn Bhd (THMC) via the holding companies of THMC, Rainforest Capital Sdn Bhd and Farmchoice Foods Sdn Bhd. THMC is an integrated producer, distributor and brand owner of dairy products in the Malaysian and Singapore market.

DAPE’s investment consists largely of new capital to fund further investments in THMC.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , Dymon , milk , Singapore , Low Tuan Ee , Fernleaf , Farmfresh , cows , DAPE ,

   

Next In Business News

Singapore Q3 GDP up 5.4% y-o-y, higher than advance estimate; 2024 forecast upgraded
Ringgit extends uptrend against greenback in early trade
FBM KLCI rebounds as Wall Street returns to a rally
Trading ideas: PetDag, Atlan, Thong Guan, Maxim, Globetronics, 7-Eleven, Petron, DRB-Hicom, Dayang, MSM, Aeon, SunCon, UEM Sunrise
Oil rises 2% as Russia-Ukraine war escalates
Wall St ends higher as Dow, S&P hit one-week tops
7-Eleven’s quarterly revenue climbs
SimeProp seeks quality assets for recurring income
Lower interest costs buoy TSH nine-month showing
Zetrix a profit driver for MyEG Services

Others Also Read