PPB Group’s unit FFM to challenge RM42.69mil penalty decision

KUALA LUMPUR: PPB Group Bhd’s flour and animal feed milling subsidiary FFM Bhd will consult with its external legal counsels to challenge the Malaysia Competition Commission’s (MyCC) decision to impose a penalty of RM42.69 million for price-fixing infringement.

The group said FFM is of the view that the decision is without merit.