Latest news with #DutchLadyMilkIndustriesBhd
The Star
3 days ago
- Business
- The Star
FBM KLCI higher amid regional gains
PETALING JAYA: Bursa Malaysia ended higher yesterday, supported by gains in blue chips and positive regional market sentiment. The FBM KLCI gained 0.17% or 2.62 points to 1,519.41, with gainers outnumbering losers 535 to 400 on trade of 2.6 billion shares worth RM1.84bil on the broader market. Daily gainers for the FBM KLCI constituents at 15 counters outweighed losers at 12 counters, while three remained unchanged. The top gainer was Dutch Lady Milk Industries Bhd , which jumped 74 sen to RM29.70. Malaysian Pacific Industries Bhd rose 70 sen to RM20.90, Ayer Holdings Bhd added 36 sen to RM7.60 and Pentamaster Corp Bhd rose 20 sen to RM2.80. The top decliner was Nestle (M) Bhd which lost RM1.38 to RM75.74. Petronas Dagangan Bhd eased 36 sen to RM20.64 and LPI Capital Bhd fell 30 sen to RM14.60.
New Straits Times
30-05-2025
- Business
- New Straits Times
Dutch Lady unveils new modern distribution centre in Bandar Enstek
KUALA LUMPUR: Dutch Lady Milk Industries Bhd (DLMI) today launched its new state-of-the-art distribution centre in Bandar Enstek, Negri Sembilan. The launch marks a significant milestone for the company as it celebrates its 62nd anniversary, and follows the inauguration of the DLMI@Enstek site just a year ago. The 13-hectare centre, completed in just under nine months, broke ground in August 2024 and was finalised by April this year. The facility is designed to support DLMI's end-to-end production and distribution capabilities, with a storage capacity of nearly 25,000 pallets. DLMI managing director Veronika Winanti Wahyu Utami said the new distribution centre will significantly improve supply chain efficiency across Malaysia. "This new distribution centre is not just a facility. It is designed to strengthen our supply chain, support sustainable practices, and better serve our customers across the country," she said in a statement. She added the construction was also made possible through construction partners WSP Engineering Malaysia Sdn Bhd, TechnyGroup Holdings (M) Sdn Bhd and Trip Guard Sdn Bhd. "As part of DLMI's sustainability commitment, the facility will be equipped with solar panels by the end of 2025. "This green initiative is projected to cut 20-25 per cent of DLMI's electricity needs and reduce carbon emissions by 13-16 per cent compared to 2022," she added. The facility is fully integrated with the dairy group's manufacturing plant, both physically and digitally, to streamline operations, boost storage efficiency and reduce human error. FrieslandCampina chief supply chain officer David Cutter emphasised that the project reflects a long-term commitment to Malaysia in providing better nutrition for all Malaysians. The establishment of the new centre was made possible with the support of the Federal government and state agencies. This includes the Malaysian Investment Development Authority, Invest Negri Sembilan, the State Department of Islamic Affairs of Negri Sembilan and the Seremban City Council.
The Star
12-05-2025
- Business
- The Star
Dutch Lady remains positive on expansion plans
DLMI finance director Kai De Klerk PETALING JAYA: Dutch Lady Milk Industries Bhd (DLMI) remains positive on its growth plans for this year, especially with its DLMI@Enstek manufacturing facility in Negri Sembilan accelerating to achieve its full potential in the next two years. The dairy company relocated its facility in Petaling Jaya to the 13-ha DLMI@Enstek manufacturing facility last year. The new facility is three times larger in land size and twice as large in capacity to its previous DLMI@PJ facility. Despite being optimistic of its prospects, DLMI finance director Kai De Klerk noted that the regulatory landscape is fast evolving, creating new pressures and novel challenges. 'This includes the increased cost of energy in the coming years as the subsidies continue to drop. Additionally, with the possible introduction of the carbon tax on the energy industry towards 2026, we may see a further increase in the prices of energy in Malaysia,' he said in the company's annual report. De Klerk said tax changes may also impact costs to businesses. 'For instance, we may see a possible expansion of the scope and definition of services that were affected by an increase of the sales and service tax in 2024 from 6% to 8%.' Additionally, he said the increase in the excise duty rate for sugary drinks starting Jan 1, 2025 by 40 cents per litre, is not expected to impact DLMI in the immediate term. 'The raise in the minimum wage from RM1,500 per month to RM1,700 per month, effective from Feb 1, 2025, as well as the mandatory Employees Provident Fund contributions for foreign labour may directly or indirectly impact our costs, either from higher costs of labour or from higher costs of products and services procured by the company.' Amid these real or potential transition risks, De Klerk said DLMI will continuously assess the policy and regulatory landscape and specifically, their cost impacts on the company's business and stakeholders. 'In response, we will align our operations with the emerging standards and requirements, managing cost implications. 'We will also focus on cost optimisation and competitiveness, for which we have designed a fit-for-purpose organisation and have a global programme in place to realise savings in our operations and supply chains network.' De Klerk said DLMI is also monitoring the determinants of an imminent shift in governance of the dairy sector, where it is constantly seeking opportunities to engage with the government and policy makers to participate in shaping future regulations that address critical aspects, such as food safety and food security. De Klerk said DLMI's strategy will be to monitor consumer sentiments as well as industry trends and focus on core products that will help increase penetration, achieve volumes and deliver moderate growth to its topline. 'We will also need to adjust short-term approaches where necessary to ensure access to nutrition, optimise costs across the board to deliver affordability and ultimately, drive performance and preserve value for our shareholders and stakeholders.'
