CAB on course for RM1bil revenue

GEORGE TOWN: CAB Cakaran Bhd is on track to achieve RM1bil in revenue next year, riding on its intention to tap into the Singapore market and its expansion plans for its poultry farms in the country.

Group managing director Chris Chuah told StarBiz that the plan to acquire a 51% stake in Singapore-based poultry slaughtering house, Tong Huat Poultry Processing Factory, would enable the group to capture both the markets in Singapore and Johor, where the demand and pricing of broiler was steady and stable.