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Poultry stocks climb as Malaysia ends price cap
savemalaysia
Publish date: Wed, 22 Jun 2022, 11:42 AM
(June 22): Shares in Malaysia’s poultry firms gain as the government prepares to end price controls on chicken and chicken eggs, and stop subsidies on some packs of palm oil from July 1 to ensure timely and stable supplies.
Leong Hup International Bhd, a listed breeder, advanced as much as 4.9%, followed by QL Resources Bhd, up 1.6%, Lay Hong Bhd rose 7.4%, Teo Seng Capital Bhd was 3.3% higher and CAB Cakaran Corp Bhd gained 1%.
https://www.theedgemarkets.com/article/poultry-stocks-climb-malaysia-ends-price-cap
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