ABDL

**Allied Blenders Expands in Malaysia**

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:** Announced its strategic expansion into **Malaysia** through the local production of **Officer’s Choice Blue**. The company will use an **asset-light co-bottling model**, enabling it to expand its international presence without significant manufacturing capex. The move forms part of ABD’s export-led global growth strategy and is aimed at strengthening the brand’s presence in overseas markets. **Stock Commentary:** **Positive;** local production in Malaysia can reduce logistics costs, improve market responsiveness and expand international sales with limited capex. The asset-light model supports scalable growth and strengthens ABD’s long-term global expansion strategy. **Impact:** **Positive**