How much capital was needed to start this farming venture?

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Initial Capitalisation for the Farming Venture

The farming venture, RAG Land Resources, commenced operations with an initial capital of RM15,000. This foundational investment was used to establish the first farm plot and procure initial crops.
Establishment of RAG Land Resources

Azarul Ahmad Puat, a Universiti Teknologi Mara (UiTM) finance graduate, co-founded RAG Land Resources with Muhamad Ghafari Muhamad Nasir in Kuala Kangsar. The enterprise began on a modest 0.4-hectare plot of land located in Kampung Sungai Siput, Bukit Chandan.
Early Crop Cultivation

In 2015, the initial capital of RM15,000 was allocated towards planting cucumbers and petola. This marked the beginning of their agricultural operations and provided early insights into crop management and market demand.
Expansion into New Crops and Scale

By 2016, the venture expanded its scope to include rock melons and pineapples. These crops were chosen for their perceived ease of cultivation and strong potential for financial returns. This strategic shift represented a growth phase for the company.

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How much capital was needed to start this farming venture?

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