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YOU probably need only look inside your own pantry to have some idea of what a blockbuster spring it has been for the packaged food industry
KUALA LUMPUR: AmInvestment Research is retaining its Buy call on Leong Hup International (LHI) with a higher fair value of 88 sen a share after it recently acquired 100% of The Bakers Cottage Sdn Bhd (TBC).
GEORGETOWN: CAB Cakaran Bhd is spending about RM100mil to upgrade all its open house farms to close house farms in 70 to 80 locations in the country to increase production of chicks.
Firm goes further downstream by buying The Baker’s Cottage
KUALA LUMPUR: AmInvestment Research is maintaining its Buy call on Leong Hup International (LHI) with a lower fair value (FV) of 72 sen a share from 76 sen previously.
CHICAGO: With the pandemic hobbling the meat-packing industry, Iowa farmer Al Van Beek had nowhere to ship his full-grown pigs to make room for the 7,500 piglets he expected from his breeding operation. The crisis forced a decision that still troubles him: He ordered his employees to give injections to the pregnant sows, one by one, that would cause them to abort their baby pigs.
TOKYO: The Bank of Japan (BoJ) expanded monetary stimulus and pledged to buy unlimited amount of bonds to keep borrowing costs low as the government tries to spend its way out of the deepening economic pain from the coronavirus pandemic.
PETALING JAYA: The government’s latest RM10bil fiscal boost offers a short-term relief for small and medium enterprises (SMEs) amid the worsening cashflow constraints among many businesses in Malaysia
GEORGE TOWN: Despite the outbreak of the Covid-19 coronavirus, CAB Cakaran Corp Bhd’s joint-venture integrated poultry project with Salim Group in Indonesia has started its construction work.