KUALA LUMPUR, Dec 26 Malayan Flour Mills Bhd and its joint venture company, Dindings Poultry Development Centre Sdn Bhd, are in consultation with their external legal counsel.
Kuala Lumpur: Malayan Flour Mills Bhd and its joint venture company, Dindings Poultry Development Centre Sdn Bhd, have engaged legal help to challenge the decision by the Malaysia Competition Commission (MyCC) to impose a penalty of RM70 million for price-fixing.
Leong Hup International Bhd’s (LHI) pro forma net gearing ratio is expected to deteriorate to 0.96 times from 0.7 times, assuming the group fully utilises its cash reserves for the penalty settlement imposed on it by the Malaysia Competition Commission (MyCC).
KUANTAN: Deputy Minister of Domestic Trade and Cost of Living Fuziah Salleh regarded the action by five chicken feed manufacturers in forming a price-.