Shah Alam, 21 October 2025 — Poultry producer and distributor Farmiera Berhad has officially launched its initial public offering (IPO) prospectus in Shah Alam, marking a key milestone ahead of its listing on the ACE Market of Bursa Malaysia Securities Berhad scheduled for 12 November 2025.
The IPO aims to raise RM 29.25 million through a public issue of 117 million new ordinary shares at RM 0.25 per share, representing 26 % of its enlarged issued share capital of 450 million shares. The proceeds will primarily fund Farmiera’s upstream expansion, 42.9 % is allocated for the construction of two parent-stock farms, 32.8 % for a new hatchery, 9.6 % for working capital, and the remainder for listing-related expenses .
Strengthening Malaysia’s Poultry Supply Chain
Farmiera’s Managing Director and Chief Executive Officer Hong How Seng said the listing marks a pivotal step in the company’s next phase of growth.
“Since our beginnings in 2013, we have built a strong track record of supplying reliable, high-quality broiler chickens. Our next chapter focuses on upstream vertical integration to ensure secure, cost-efficient and sustainable poultry production,” he said.
Hong noted that Farmiera’s expansion into hatchery and breeding operations will allow it to control its own day-old chick supply, enhance quality assurance and strengthen resilience across the poultry supply chain. He added that chicken meat remains a vital and affordable source of protein, positioning the company to benefit from Malaysia’s steady demand for poultry products .
Backed by Industry Expertise
Lim Chia Wei, Managing Director of Malacca Securities Sdn Bhd, the IPO’s principal adviser, sponsor, underwriter and placement agent, described Farmiera as “a proven operator with a clear strategy for sustainable growth.”
“Farmiera’s move into broiler breeding and hatchery segments demonstrates forward-looking leadership in an essential food industry. We are confident the management team can capitalise on emerging opportunities and deliver long-term value,” Lim said .
Public applications for the IPO opened on 21 October 2025 and will close at 5 p.m. on 30 October 2025.
Integrated Poultry Operations
Founded in 2013, Farmiera Berhad has become one of Malaysia’s established poultry producers, with operations spanning both poultry farming and processing. The company currently manages 15 broiler farms and partners with 44 contract farms across Selangor, Negeri Sembilan, Perak, Pahang and Melaka .
Farmiera also operates two HALAL-certified processing plants, one in Ipoh, Perak and another in Lukut, Negeri Sembilan, serving a wide network of wholesalers and retailers nationwide. Both facilities are accredited under JAKIM HALAL and the Makanan Selamat Tanggungjawab Industri (MeSTI) certification scheme, underscoring its commitment to food safety and compliance.
The company’s vertically integrated model gives it end-to-end control over the production cycle, from breeding and raising day-old chicks to processing, packaging and distributing poultry products. This structure enhances cost efficiency, supply reliability and traceability, key factors in a market where biosecurity and sustainability are increasingly prioritised .
Looking Ahead
Farmiera’s IPO comes as Malaysia’s poultry industry continues to modernise, with demand supported by population growth and evolving consumer preferences toward affordable protein sources. The company’s strategy to move upstream reflects broader industry trends of vertical integration to mitigate supply volatility and ensure long-term competitiveness.
As the group prepares for its Bursa Malaysia debut, Hong How Seng reaffirmed Farmiera’s commitment to sustainable growth:
“Our focus remains on quality, efficiency and value creation for our stakeholders. With a stronger foundation and deeper integration, we are ready to deliver consistent performance and contribute to Malaysia’s food security goals.”
