PETALING JAYA: 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 Bursa Malaysia, 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.
