PPB plans RM275mil expansion

PPB Group Bhd, the flagship company of the Kuok family in Malaysia, will spend RM275mil this year to expand and enhance earnings growth. 

The group would allocate RM105mil in the flour and animal feed division, which would raise its wheat flour production capacity to 2,780 tonnes per day, and RM101mil in its oil palm plantation division, said group executive chairman Ong Ie Cheong.