FARM FRESH BERHAD

KLSE (MYR): FFB (5306)

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Last Price

1.58

Today's Change

-0.01 (0.63%)

Day's Change

1.55 - 1.59

Trading Volume

2,746,900

IPO Info
Offer Period

Opening

2022-02-28

Closing

2022-02-28

Time Table

Allotment Date

2022-03-18

Listing Date

2022-03-22

Price

Issue Price

1.35

Units

1,857,954,837

Share Capital

388,768,641.000

No of Shares

Public Issue

222,954,700

Offer for Sale

520,227,200

Private Placement

687,443,200

Issuing House

TIIH - 716

ISIN Code

123

Prospectus:

INITIAL PUBLIC OFFERING ("IPO") OF UP TO 743,181,900 ORDINARY SHARES ("IPO SHARES") IN FARM FRESH BERHAD ("FARM FRESH") IN CONJUNCTION WITH THE LISTING OF AND QUOTATION FOR THE ENTIRE ENLARGED ISSUED SHARE CAPITAL OF FARM FRESH ("SHARES") ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD COMPRISING AN OFFER FOR SALE OF UP TO 520,227,200 EXISTING SHARES ("OFFER SHARES") AND A PUBLIC ISSUE OF 222,954,700 NEW SHARES ("ISSUE SHARES") INVOLVING: (I) INSTITUTIONAL OFFERING OF UP TO 687,443,200 IPO SHARES TO MALAYSIAN AND FOREIGN INSTITUTIONAL AND SELECTED INVESTORS, INCLUDING BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY, MALAYSIA AT THE INSTITUTIONAL PRICE TO BE DETERMINED BY WAY OF BOOKBUILDING ("INSTITUTIONAL PRICE"); AND (II) RETAIL OFFERING OF 55,738,700 ISSUE SHARES TO THE DIRECTORS OF FARM FRESH AND ITS SUBSIDIARIES ("GROUP"), ELIGIBLE EMPLOYEES OF THE GROUP, PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF THE GROUP AND THE MALAYSIAN PUBLIC AT THE RETAIL PRICE OF RM1.35 PER ISSUE SHARE ("RETAIL PRICE"), PAYABLE IN FULL UPON APPLICATION AND SUBJECT TO REFUND OF THE DIFFERENCE BETWEEN THE RETAIL PRICE AND THE FINAL RETAIL PRICE (AS DEFINED IN THIS PROSPECTUS) IN THE EVENT THAT THE FINAL RETAIL PRICE IS LESS THAN THE RETAIL PRICE, SUBJECT TO THE CLAWBACK AND REALLOCATION PROVISIONS AND THE OVER-ALLOTMENT OPTION (AS DEFINED IN THIS PROSPECTUS), THE FINAL RETAIL PRICE WILL BE EQUAL TO THE LOWER OF: (A) THE RETAIL PRICE OF RM1.35 PER ISSUE SHARE; OR (B) THE INSTITUTIONAL PRICE.

Farm Fresh - Prospectus (Part 1).pdf

Farm Fresh - Prospectus (Part 2).pdf

Farm Fresh - Prospectus (Part 3).pdf

Detailed Procedures for Application and Acceptance.pdf

Discussions
6 people like this. Showing 50 of 1,232 comments

CharlieM

NoTimeToTrade, you are not wrong, all your points are valid..

It’s just that I also subscribed to Buffets advice with his baseball analogy - “The trick in investing is just to sit there and watch pitch after pitch go by and wait for the one right in your sweet spot.. “

2024-04-08 17:03

DouglasLiu

RHB Retail Research said Farm Fresh Bhd is set to resume its uptrend after surpassing the immediate resistance of RM1.45 recently, with strong trading volume.

https://theedgemalaysia.com/node/707461

2024-04-09 16:03

rohank71

FFB is riding on the young malaysian demographic where more and more ppl drink milk daily. the same applies to Nestle, F&N, DLIM and many others. pure consumer play. Buy any and U will make money provided they manage the company well. FFB is the new baby in town, so let FFB grow whilst the other 3 above have a system in place and not one man's decision.

2024-04-10 23:09

DouglasLiu

Keep calm and drink more milk amid this bad market sentiment

2024-04-16 17:52

eugenewong794

i think FFB showed its resilience in these 2 days when 50% of counters are in the red

2024-04-16 21:08

newbie5354_

Farm Fresh sell milk whereas Nestle many products are they same sifus?

2024-04-16 21:48

rohank71

don't bother abt Nestle.. just Buy Farm Fresh milk.

2024-04-21 00:32

eugenewong794

nestle isnt a bad stock or company, its a good stock but okay company, there isnt really much growth in nestle, and the CEO is a finance guy, finance guys usually dun expand the business more than they control cost. Theres also the public sentiment towards nestle and boikot etc, farm fresh has more growth potential but it comes with higher valuation, whether its too exp or fairly priced, u make the decision yourself

2024-04-21 08:13

DouglasLiu

Nestle is more expensive than Farm fresh in terms of share price 😄

2024-04-22 09:57

LeverageLuminary

Farmfresh got more upside, end of story

2024-04-23 17:24

DouglasLiu

EPF keeps collecting Farmfresh. This story will never end 😆

2 months ago

MILKMASTER2002

freshhhh milk, once break resistance then fly

2 months ago

Markv572421

drop ?

2 months ago

Markv572421

pity ...ffb retailers leaving

2 months ago

Markv572421

terukk ffb ....

2 months ago

Markv572421

drop because of Esos .....sien

2 months ago

Markv572421

thanks FFB for dropping ...sheeettttttt stock !!!

2 months ago

DouglasLiu

I am not leaving. Why u talking to urself, Markv572421😆

2 months ago

beachboi21

waiting to break resistance again, then confirm fly high

2 months ago

keonkx

Suddenly fly off lol

2 months ago

DouglasLiu

1.50 is a very hard and solid resistance to break

2 months ago

LeverageLuminary

more time b4 break 1.50

2 months ago

beachboi21

I wish can suddenly fly off also ....

2 months ago

DouglasLiu

I can confirm that it will break 1.50 by next week

2 months ago

MULTIEVER

Posted by DouglasLiu > 6 days ago | Report Abuse

I can confirm that it will break 1.50 by next week

🤡

1 month ago

rohank71

milk price globally is UP... can anyone share how much FF produces internally vs. the sales.. based on IPO doc, they only produce less than 15% of the milk they sell. have they moved up? sometimes, I wonder why own a cow, i.e., another living soul when it's easier to just buy Milk... let's enjoy the milk and not the cow.

1 month ago

rohank71

anyway from IPO, the owner is promoting as if FF is local milk...when in IPO doc he says only 10% is local milk....and 90% is actually imported milk from Oz without paying tax. Soon, there will be a Hugh tax damage... hope the promoter can manage this.

1 month ago

eugenewong794

1. milk powder prices arent really 'up', if u look at 5 year average, it usually howers ard 3-3.5k, the highest was abv 3.5 up to 4.7k, to predict milk powder prices, look at china, cos they 1 of the largest consumers, but now they arent doing very well
2. im not sure about the percentage of internal produced vs imported, but the imported ones from AUS is also owned by them, so i consider it s both internally produced
3. why own a cow ? cos u get better cost control and not affected by commodity prices, versus buying raw milk powder, and it just plain taste better versus the ones made from milk powder, so much so that F&N and FGV are going up stream, surely they arent doing that if the cons outweigh the pros

1 month ago

DouglasLiu

@MULTIEVER. 😁 Fail to hit RM1.50 apparently

1 month ago

MULTIEVER

@DoughlasLiu

is ok. you made my day. 🤣🤣🤣

1 month ago

pharker


QR coming out in 1 to 2 days time...expect Surprise

Look at Dutch Lady

1 month ago

abcb

Gap up tomorrow

1 month ago

mf

Dow Jones

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NASDAQ Composite

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1 month ago

beachboi21

drink milk and buy farm fresh

1 month ago

DouglasLiu

@MULTIEVER. 😆 Happy 3-day holiday

1 month ago

CharlieM

Insiders disposing..

1 month ago

MULTIEVER

@DouglasLiu

Cheers Hneg ar! Huat ar! 😉

1 month ago

MULTIEVER

@abcb

没有跌空你就已经偷笑了,还想跳空高飞?也不看看基本面,到底是谁才是韭菜。

若你早半年前换码头,假设投资子母牌1个Mil,现在的账面利润应该少少都有50%(1.5mil)。我的成本更低,翻倍了。那些还嫌弃子母牌的股价贵,都不知道他们的数学是不是体育老师教的。子母牌是股本大,股价自然也大,赚幅能力也更大。

澳洲的大草原真的很美,希望你早日上岸

1 month ago

DouglasLiu

Director sold to EPF. Sign of breaking RM1.50 😃

1 month ago

DouglasLiu

@MULTIEVER. It finally breaks RM1.50 😁😁

1 month ago

goldmanbull

Will Luckin partner with Farm Fresh? hmmm

1 month ago

speakup

It's muiind lah

1 month ago

DouglasLiu

Probably, if Luckin wants their coffee to taste better 😆

3 weeks ago

rohank71

Global milk price on uptrend. FF buys 80% of their milk based on global price. it's close to the Q4 2022 prices now and that's when FF made losses. will Q3 and Q4 2024 be a speed break for FF?

6 days ago

ThunderZX

time will tell....

6 days ago

TG13688

time to fly babby!

4 days ago

ThunderZX

Fly to where?

3 days ago

Ravi1969

FF has close to 5k cows here in Malaysia.Read closely the QR and you will be able to understand the increase in sales and profitability. Don't be left out when it goes past RM 2 by the next QR

2 days ago

DouglasLiu

Fly beyond Rm1.60, apparently

2 days ago

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