<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Aug 8): Malayan Flour Mills Bhd (MFM) has denied that its partially owned Dindings Poultry Development Centre Sdn Bhd (DPDC) is part of any cartel or involved in price fixing with the companies recently named by the Malaysia Competition Commission (MyCC) last Friday (Aug 5).</p></div>

<div class=newsTextDataWrapInner><p>In a Bursa Malaysia filing on Monday (Aug 8), MFM said it strongly denies the allegation of said "infringement which is without merit" and intends to defend such unfounded allegation vigorously.</p></div>

<div class=newsTextDataWrapInner><p>The company said the announcement by MyCC was arbitrary and unilateral and without any merit or basis.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>“DPDC will review the matter with its external legal counsel and submit written representations within the specified period and make an oral representation before MyCC.</p></div>

<div class=newsTextDataWrapInner><p>“MyCC has in its press statement dated Aug 5, 2022 highlighted that its findings are provisional and it should not be assumed that any enterprise has broken the law at this stage,” it said.</p></div>

<div class=newsTextDataWrapInner><p>At the midday break, MFM rose 2.46% or 1.5 sen to 62.5 sen with 2.84 million shares traded.</p></div>

<div class=newsTextDataWrapInner><p><em>Read also:<br />
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Malayan Flour Mills Bhd (MFM) has denied that its partially owned Dindings Poultry Development Centre Sdn Bhd (DPDC) is part of any cartel or involved in price fixing with the companies recently named by the Malaysia Competition Commission (MyCC) last Friday (Aug 5).

Malayan Flour Mills denies partially owned Dindings Poultry is part of cartel

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