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KUALA LUMPUR: FFM Bhd, an 80 per cent subsidiary of PPB Group Bhd, has received a notice of the proposed decision issued by the Malaysia Competition Commission (MyCC) pursuant to Section 36 of the Competition Act 2010.
In a filing with Bursa Malaysia today, PPB said the proposed decision is premised primarily on the allegation that FFM had engaged in agreements and/or concerted practices to fix the quantum of poultry feed prices in breach of Section 4 of the Act.
"FFM has clarified that at this juncture, the proposed decision is not final. MyCC has in its press statement today highlighted that its findings are provisional and it should not be assumed that any enterprise has broken the law at this stage.
"FFM is of the view that the allegation of infringement is without merit. It will review the matter with its external legal counsel and respond to the MyCC within the stipulated time to defend its position on the matter,” it said.
Meanwhile, MyCC has also served the same notice to Leong Hup Feedmill Malaysia Sdn Bhd (LFM), a wholly owned subsidiary of Leong Hup International Bhd, pursuant to Section 36 of the Competition Act 2010.
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In a separate filing, Leong Hup said the proposed decision is premised primarily on the allegation that LFM had engaged in agreements and/or concerted practices to fix the quantum of poultry feed price which is in breach of Section 4(1) read together with Section 4(2)(a) and 4(3) of the Act.
"The company would like to clarify that at this juncture, the proposed decision including the proposed financial penalty and proposed directions are not final.
"The company and LFM strongly believe that the allegation of the aforesaid infringement is without merit and intend to defend such allegation vigorously. The company and LFM will review the matter with the external legal counsel and submit written representations within the specified period and make an oral representation before the MyCC,” it said. - Bernama
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2023-02-26 00:00:40
据日本共同社20日报道，作为福岛第一核电站核污水排放入海的安全性确认和舆论对策，日本东京电力公司预计将从9月前后起，试验用核污水饲养比目鱼和鲍鱼等，并比较在海水和核污水中鱼贝类的成长情况，调查其体内的氚活度等。而作为准备工作，3月17日开始在核电站用地内的水槽里，饲养约100条体长25厘米左右的比目鱼进行练习。东电计划于2023年春季开始向大海排放核污水，此举在日本国内和周边国家引发担忧和反对。不一样的感触