Teo Seng to raise production of eggs to 4.1 million daily

Established presence: Malacca Securities says it continues to like Teo Seng for its established presence in the Hong Kong and Singapore market. It says the company has set a target of producing five million eggs by the end of 2022.

KUALA LUMPUR: One of Malaysia’s largest egg producer, Teo Seng Capital Bhd aims to produce approximately 4.1 million eggs per day by year-end from 4 million now following the completion of expansion works on its feed mill plant which will cater for the increasing number of chickens.

According to Malacca Securities Sdn Bhd, the company has set a target of producing five million eggs by the end of 2022.