Malayan Flour Mills earmarks RM300mil capex for FY24

Malayan Flour Mills executive deputy chairman cum managing director Teh Wee Chye

KUALA LUMPUR: Malayan Flour Mills Bhd (MFM) has earmarked RM300mil for capital expenditure (capex) in its financial year Dec 31, 2024 (FY24) to strengthen its growth engines.

In a statement, MFM announced that Dindings Tyson Sdn Bhd (DTSB), which oversees the poultry integration segment (PI), plans to invest up to RM200mil in capital expenditures for FY24.