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MFM posts RM8 5m half-year net profit, declares 1 5 sen interim dividend

MFM posts RM8 5m half-year net profit, declares 1 5 sen interim dividend
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eFeedLink - Malayan Flour Mills to invest in Tyson poultry integration JV

Malayan Flour Mills Bhd (MFM) intends to invest at least RM135 million (US$) in capital expenditure (capex) on its poultry integration-based joint venture, Dindings Tyson Sdn Bhd (DTSB), this year.

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Malayan Flour to invest at least RM135mil in JV with Tyson Foods

KUALA LUMPUR: Staple foods producer Malayan Flour Mills Bhd (MFM) intends to invest at least RM135 million in capital expenditure (capex) on its joint venture, Dindings Tyson Sdn Bhd (DTSB), this year.

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Malayan Flour Mills eyeing global poultry supply chain

Malayan Flour Mills eyeing global poultry supply chain
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Tyson Foods, Malayan Flour Mills Berhad partner

Feb 16, 2021 Tyson Foods and Malayan Flour Mills Berhad recently announced a partnership in which Tyson Foods will invest in the Malaysia-based company’s vertically integrated poultry business, adding more supply flexibility for both companies. The transaction is subject to approval by the shareholders of Malayan Flour Mills Berhad (MFM), amongst others. “Once completed, the poultry deal will optimize our existing Malaysia business and expand MFM’s poultry business,” said Chris Langholz, international president of Tyson Foods. “This partnership will add more supply flexibility for both companies in serving halal-certified poultry to consumers and customers in the country and across priority export markets.”

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