KUALA LUMPUR: Malayan Flour Mills Bhd
(MFM) has allocated RM215mil in capital expenditure (capex) for the financial year ending Dec 31, 2025 (FY25).
Of the total, the company will channel RM160mil to its poultry integration segment, with RM100mil earmarked for expanding and upgrading farming infrastructure, including the construction of parent farms and hatcheries, said executive deputy chairman and managing director Teh Wee Chye at a press conference after the group’s 65th AGM yesterday.
The remaining RM60mil will go towards improvement works at existing farms to boost productivity and supply chain efficiency, he said.
The RM160mil investment will be jointly funded by MFM and its partner in a 51:49 ratio.
In May 2021, MFM formed a joint venture with meat processor and marketer Tyson Foods for its poultry segment.
The partnership leverages Tyson’s global network, proprietary technology and market reputation to increase sales, access export markets and improve operational efficiency.
Meanwhile, the flour and grain trading segment will invest RM55mil to expand capacity and improve efficiency across key markets in Malaysia and Vietnam.
“This includes RM20mil for automation at our flour mills in Lumut and Pasir Gudang to reduce manual labour, enhance efficiency and ensure consistent product quality,” Teh said. In Vietnam, Teh said the company will invest RM34mil to scale up operations. — Bernama
