PPB to spend RM419mil on flour, feed milling unit


PETALING JAYA: PPB Group Bhd will likely spend about RM418.5mil in capital expenditure over the medium term to expand its flour and feed milling unit.

The diversified conglomerate is expected to enjoy robust demand for its flour and feed products over 2024 to 2025 amid the supportive job market in Malaysia, recovering tourist arrivals in Thailand and the buoyant Vietnam economy, according to Kenanga Research.

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