KUALA LUMPUR (June 11): Farm Fresh Bhd’s (KL:FFB) co-founder, managing director and chief executive officer Loi Tuan Ee is accumulating shares in the dairy producer via the open market as the stock languishes near nine-month lows.
According to Bursa Malaysia filings, Loi increased his direct interest in the company by buying 100,000 shares at RM2.18 on June 10 and another 100,000 shares at RM2.16 on June 11, both via the open market.
Following the acquisition, Loi's direct interest in the company went up to 0.058%. He owns another 37.308% indirect interest through two companies, Farmchoice Foods Sdn Bhd and his family’s private vehicle, Rainforest Capital Sdn Bhd.
Farm Fresh, which reported a 22% rise in net profit for the financial year ended March 31, 2026 to a record RM129.61 million, announced in May that it plans to raise prices of selected bottled products by about 3% in Malaysia and 10% in Singapore from June due to geopolitical disruptions.
The group also acquired a Sabah ice cream company, gaining access to a distribution network of 25 trucks and about 3,500 freezers, and plans to expand production in East Malaysia and Brunei.
Farm Fresh closed 0.47% higher at RM2.16 on Friday, giving it a market value of RM4.07 billion. The stock has fallen 24.56% over the past six months.