Malayan Flour and Dindings Poultry to challenge MyCC

KUALA LUMPUR: Malayan Flour Mills Bhd (MFM) and its joint venture company, Dindings Poultry Development Centre Sdn Bhd, are in consultation with their external legal counsel to challenge the Malaysia Competition Commission’s (MyCC) decision to impose a penalty of RM70.02mil for a price-fixing infringement.

In a filing with Bursa Malaysia yesterday, the companies claimed that the commission’s finding of infringement was without merit.