MYCC ISSUES PROPOSED DECISION AGAINST FIVE FEEDMILLERS
KUALA LUMPUR, 5 AUGUST 2022 – The Malaysia Competition Commission (MyCC) has today issued a Proposed Decision against the following five (5) enterprises for infringing section 4 of the Competition Act 2010 (Act 712): i. Dindings Poultry Development Centre Sdn. Bhd.; ii. FFM Berhad; iii. Gold Coin Feedmills (Malaysia) Sdn. Bhd.; iv. Leong Hup Feedmill Malaysia Sdn. Bhd.; and v. PK Agro-Industrial Products (M) Sdn. Bhd.
On 27 June 2022, the Special Task Force of MyCC tabled its investigation report to the Members of Commission led by its Chairman, Dato’ Seri Mohd Hishamudin bin Md Yunus. Upon careful evaluation of the investigation report, MyCC, as a quasi-judicial body, has provisionally found that the said enterprises have infringed section 4 of the Competition Act 2010 by entering into anti-competitive agreements and/or concerted practices in increasing the price quantum of poultry feed that contains soybean meal and maize as its main ingredients, between early 2020 and mid 2022.