MFM joint venture granted leave for judicial review of MyCC decision


KUALA LUMPUR: Malayan Flour Mills Bhd’s (MFM) joint venture, Dindings Poultry Development Centre Sdn Bhd (DPDC), has been granted leave by the High Court on Jan 2, 2025, to judicially review the Malaysia Competition Commission's (MyCC) decision.

The review concerns the Competition Appeal Tribunal's (CAT) ruling on a stay.

“The High Court has also granted an ad interim stay pending the determination of the stay application. The inter parte hearing of the stay application has been fixed on April 8, 2025,” MFM said in a filing with Bursa Malaysia.

The judicial review follows DPDC’s challenge to CAT’s decision, which rejected its request for a stay on a RM70mil penalty imposed by the MyCC for alleged price-fixing cartel activities.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
MFM , MyCC , Dindings Poultry

Next In Business News

Uzma wins PETRONAS Carigali contract for wireline services
DNeX secures US$1.8mil contracts, supporting hajj pilgrimage experiences
Keyfield secures PETRONAS Carigali job
OM Holdings sells 26% interest in NMPL for US$101.4mil
SEC partners Maybank Investment Bank to advance ESG agenda and sukuk programme
CelcomDigi, Mof Inc, YTL, Maxis & DNB sign revised agreement on DNB shareholding structure
PeterLabs suspends executive director pending internal investigation
Ringgit weakens against US dollar, gains versus other currencies
Yoong Onn works on recovery for fire-hit Singapore subsidiary
DKSH posts 19% profit jump in 1Q

Others Also Read