Farmiera Berhad, through its subsidiaries, is principally involved in poultry farming and poultry processing activities in Malaysia. The Group's operations are segmented into poultry farming, which includes self-operated and contract farms for the sale and trading of live broilers (including broiler DOCs, feed, and vaccines), and poultry processing, which comprises the processing and distribution of Halal-certified raw poultry products. The company operates several broiler farms and two main processing plants in Lukut, Negeri Sembilan, and Ipoh, Perak. Its product offerings include whole chickens and various chicken parts, which are supplied to a customer base that includes retail chains, livestock distributors, and food service providers across Peninsular Malaysia. The Group is also expanding vertically into the upstream sector with the development of broiler breeding and hatchery operations to supply its own broiler DOCs.
| Purpose | Amount (RM'000) | % | |
|---|---|---|---|
| Expansion | Capital expenditure - Parent stock farms | 12,548 | 42.9 |
| Expansion | Capital expenditure - Hatchery | 9,600 | 32.82 |
| Working capital | Working capital | 2,802 | 9.58 |
| Listing expenses | Estimated listing expenses | 4,300 | 14.7 |
| Total | 29,250 | 100 | |
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