KUALA LUMPUR: Leong Hup International Bhd
’s subsidiary, Leong Hup Feedmill Malaysia Sdn Bhd (LFM), 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 also granted an ad interim stay order in relation to the MyCC’s decision, pending disposal of LFM’s interim stay application,” Leong Hup said in a filing with Bursa Malaysia.
“LFM’s interim stay application seeks to stay all actions, proceedings and enforcement of the MyCC’s decision pending disposal of LFM’s judicial review application,” it added.
The High Court had fixed the hearing for LFM’s interim stay application on April 8, 2025.
In December 2023, MyCC imposed a RM415.5mil fine on five feedmillers, including three public-listed companies, for their alleged involvement in a chicken feed cartel to fix poultry feed prices.
