CAB Cakaran to acquire animal feed producer from Cargill for RM231mil


KUALA LUMPUR: CAB Cakaran Corp Bhd has via its wholly-owned subsidiary CAB Cakaran Sdn Bhd entered into a conditional share purchase agreement to acquire the entire 100% equity interest or 9.19 million shares in an animal feed manufacturer for RM231mil.

In a filing with the stock exchange, the poultry farming group said it had entered into the purchase deal with Cargill Holdings (Malaysia) Sdn Bhd to acquire Cargill Feed Sdn Bhd, which produces a range of commercial compound feed for various livestock and aqua species.

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