PETALING JAYA: Two of the five feedmillers accused by the Malaysia Competition Commission (MyCC) for being involved in price-fixing practices in the chicken industry have dismissed the charge as “without merit”.
KUALA LUMPUR (Aug 5): Leong Hup International Bhd and PPB Group Bhd said Malaysia Competition Commission's allegations that their subsidiaries were involved in price-fixing practices involving poultry feed are without merit, and that they will respond to the MyCC within the stipulated time to defend their subsidiaries against these allegations.
KUALA LUMPUR: FFM Bhd, an 80 per cent subsidiary of PPB Group Bhd, has received a notice of the proposed decision issued by the Malaysia Competition Commission (MyCC) pursuant to Section 36 of the Competition Act 2010.
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PETALING JAYA: The higher ceiling price for broiler chickens and eggs may only provide “slight relief” to Malaysian poultry players, who have been battling margin compression for the past several months.