Farm Fresh IPO

https://www.channelnewsasia.com/asia/malaysia-farm-fresh-founder-milk-empire-johor-2228266

My favorite milk brand in Malaysia is going for IPO.

Favorite because it's pretty much the only brand that offers lactose free milk.

My thoughts: looks really interesting. I'll apply for the IPO definitely. Gross margin is in high 20s, and PAT margins around 10-15s (except last year dropped to 5%). Top line and bottom line are growing nicely.

More elaborate info on IPO on Securities Commission website:

https://www.sc.com.my/resources/prospectus-exposure/prospectus-exposure-farm-fresh-berhad