Thursday 17 Sep 2026
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KUALA LUMPUR (Aug 15): SDS Group Bhd (KL:SDS) is acquiring factories, production lines and related assets from Mamee Bakery Sdn Bhd in Plentong, Johor for RM28 million as part of its expansion.

The assets include the factories’ full production lines of machinery, equipment and tools for producing and packaging London/Tora Swiss Roll, layer cakes and bear cakes.

Its indirect wholly-owned subsidiary, SDS Top Baker Sdn Bhd, signed the agreements on Friday.

According to its bourse filing, the acquisitions will enhance manufacturing capacity and operational scalability, enabling the group to better meet growing demand and adapt to changing consumer preferences.

The group expects to complete the acquisitions by the third quarter of 2026, with the purchase to be funded through a combination of internally-generated funds and/or bank borrowings.

SDS shares closed up 1.5 sen or 2.29% at 67 sen on Friday, valuing the group at RM363.16 million.

Edited ByIntan Farhana Zainul
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