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.
In a filing with Bursa Malaysia today, PPB said the proposed decision is premised primarily on the allegation that FFM had engaged in agreements and/or concerted practices to fix the quantum of poultry feed prices in breach of Section 4 of the Act.
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