Etika International Holdings Limited operates in the Dry, condensed, evaporated products sector. Etika International Holdings Limited (Etika) is an investment holding company. It is a manufacturer and distributor of sweetened condensed milk and a regional Food and Beverage (F&B) Group. Etika operates in four segments: Dairies, Frozen Food, Packaging and Others. The Frozen Food Division consists of frozen food trading, butchery and bakery sub-divisions and the fast moving consumer goods (FMCG) manufacturing and distribution business. Etika's other operating division consists of the Nutrition and Beverage Divisions. The Company's operating facilities are located in Malaysia, Indonesia, Vietnam and New Zealand. During the fiscal year ended September 30, 2011 (fiscal 2011), the Company acquired Family Bakery Sdn Bhd, Daily Fresh Bakery Sdn Bhd and Hot Bun Food Industries Sdn Bhd; PT. Sentrafood Indonusa and PT. Sentraboga Intiselera, and Susu Lembu Asli Marketing Sdn Bhd and Susu Lembu Asli (Johore) Sdn Bhd. On August 1, 2011, it disposed 70% owned subsidiary, Quality Wines Sdn. Bhd. In our complete report available for purchase the company is compared to: China Dairy Group Limited, Dutch Lady Milk Industries Berhad and OHMORIYA Co., Ltd..