The Board of Directors of HAILY GROUP BERHAD announced that a wholly-owned subsidiary under the name of HAILY CAPITAL SDN. BHD. has been incorporated with an initial issued capital of 2 ordinary shares issued at a price of MYR 1.00 per share.

HCSB was incorporated on 26 August 2022 under the Companies Act 2016. The intended principal activity of HCSB are agriculture activities, general trading and investment in properties.