CAB Cakaran unlocking land value

CAB Cakaran's core business of integrated poultry farming and processing is set to grow by some 20% this year.

AN ordinary announcement by poultry company CAB Cakaran Corp Bhd last Friday revealed something extraordinary.

On the surface, it was merely a fair value property adjustment of RM3.89mil. A closer inspection reveals that CAB Cakaran has 227 acres of investment properties worth RM64.81mil as of Sept 31, 2014,