MALAYAN FLOUR MILLS BHD

KLSE (MYR): MFLOUR (3662)

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Last Price

0.545

Today's Change

+0.005 (0.93%)

Day's Change

0.54 - 0.55

Trading Volume

3,061,500


23 people like this.

7,339 comment(s). Last comment by ggleow 1 day ago

zzff111

1 posts

Posted by zzff111 > 2021-02-02 14:57 | Report Abuse

why so sudden spike in price O<O

Money122

982 posts

Posted by Money122 > 2021-02-02 19:20 | Report Abuse

2.00coming?

603Malan

40 posts

Posted by 603Malan > 2021-02-03 10:11 | Report Abuse

Pls share what're the good news coming ?

Joyce8439

72 posts

Posted by Joyce8439 > 2021-02-03 13:18 | Report Abuse

Pls wait for the good news soon

Joyce8439

72 posts

Posted by Joyce8439 > 2021-02-03 14:20 | Report Abuse

Don't wait till it is too late

Joyce8439

72 posts

Posted by Joyce8439 > 2021-02-03 15:26 | Report Abuse

What do u mean Sherlockman?

joseph hii

339 posts

Posted by joseph hii > 2021-02-04 23:18 | Report Abuse

Resistance price at rm 1.
Warrant at rm0.435.
Once close over the price, will be no looking back

603Malan

40 posts

Posted by 603Malan > 2021-02-05 10:58 | Report Abuse

What's the next TP ?

KChung

3 posts

Posted by KChung > 2021-02-05 11:33 | Report Abuse

It have a huge project recently

jolow

652 posts

Posted by jolow > 2021-02-05 19:36 | Report Abuse

mcfood bought over ayam dindings from mflour. soon . pay very high price. special dividend xoming

Joyce8439

72 posts

Posted by Joyce8439 > 2021-02-07 16:57 | Report Abuse

Dear Jolow, it's confirm news?

Joyce8439

72 posts

Posted by Joyce8439 > 2021-02-09 13:55 | Report Abuse

It's aldy RM 1.05, possible to get to RM 1.20 by tomorrow?

Posted by Citydweller > 2021-02-09 14:33 | Report Abuse

jolow, any indication on the purchase price ?

Posted by core9design > 2021-02-10 19:47 | Report Abuse

Tyson Foods buys a 49% stake in the poultry segment of the Malaysian food manufacturing company
Kuala Lumpur, Malaysia and Springdale, Ark., USA – 10 February 2021 – Tyson Foods, Inc. (NYSE: TSN) and Malayan Flour Mills Berhad (KLSE: MFLOUR) today announced a partnership in which Tyson Foods will invest in the Malaysia-based company’s vertically integrated poultry business, which will add more supply flexibility for both companies. The transaction is subject to approval by the shareholders of Malayan Flour Mills Berhad (MFM), amongst others.

“Once completed, the poultry deal will optimize our existing Malaysia business and expand MFM’s poultry business,” said Chris Langholz, International President of Tyson Foods. “This partnership will add more supply flexibility for both companies in serving halal-certified poultry to consumers and customers in the country and across priority export markets.”

TYSON FOODS MALAYSIA currently operates one plant and one innovation center. MFM’s vertically integrated poultry business includes feed mills, hatcheries, farms and processing facilities.

“We are pleased to partner with Tyson Foods to expand MFM’s long-established poultry business,” said Teh Wee Chye, managing director for MFM. “Tyson Foods is one of the world’s largest food production companies with a strong global manufacturing and distribution footprint. Malaysia is one of the key poultry markets in Southeast Asia, with a high per capita consumption of poultry. Together with Tyson Foods, we look forward to increasing our halal poultry product offerings in the country, especially in the further processed poultry segment, as well as exporting to demand markets with the help of Tyson Foods’ global network.”

Malaysia’s halal industry market value is expected to reach $147.4 billion USD (RM614.36 billion) by 2025, according to the Halal Industry Development Corporation (HDC). The country exports about $9 billion USD (RM35.4 billion) in halal-certified products.

“Our global resources and robust innovation capabilities paired with MFM’s more than 30 years of expertise as a leading poultry player in the country, enable both companies to make halal-certified products more readily available and affordable,” said Tan Sun, president of Tyson Foods APAC.

MFM’s gold standard in Halal certified poultry products complements Tyson Foods’ Malaysia business, which is also recognized as a leader in the country’s Halal food industry.

In FY20, Tyson Foods generated $6 billion USD in international sales, which included U.S. export sales. Rabobank Singapore acted as the international financial advisor to MFM.

About MFM

Established in 1961, Malayan Flour Mills Berhad (MFM) is the pioneer in the flour milling industry in Malaysia. Over the years, MFM has grown to become one of the leading flour millers in Malaysia. Outside of Malaysia, MFM also has presence in the flour milling industry in Vietnam and Indonesia. In Indonesia, MFM is one of the shareholders in PT Bungasari Flour Mills Indonesia, along with Toyota Tsusho Group (Japan) and PT FKS Food and Ingredients (Indonesia). MFM ventured into the poultry feed business in 1983 and since then has expanded considerably across the poultry value chain in breeding, farming and processing, to become one of the leading poultry integrators in Malaysia. In November 2019, MFM commissioned a new state-of-the-art poultry processing plant with a processing capacity of up to 280,000 birds per day. MFM’s group revenues in FY19 were RM2.7 billion. Visit MFM.COM.MY to learn more.


About Tyson Foods

Tyson Foods, Inc. (NYSE: TSN) is one of the world’s largest food companies and a recognized leader in protein. Founded in 1935 by John W. Tyson and grown under three generations of family leadership, the company has a broad portfolio of products and brands like Tyson®, Jimmy Dean®, Hillshire Farm®, Ball Park®, Wright®, Aidells®, ibp®, and State Fair®. Tyson Foods innovates continually to make protein more sustainable, tailor food for everywhere it’s available and raise the world’s expectations for how much good food can do. Headquartered in Springdale, Arkansas, the company has 139,000 team members. Through its Core Values, Tyson Foods strives to operate with integrity, create value for its shareholders, customers, communities and team members and serve as a steward of the animals, land and environment entrusted to it. Visit TYSONFOODS.COM to learn more.

Media Contacts
Tyson Foods: HLI YANG, +1-479-290-2122
MALAYAN FLOUR MILLS BERHAD

Category: IR, Newsroom

https://www.tysonfoods.com/news/news-releases/2021/2/tyson-foods-and-malayan-flour-mills-berhad-announce-partnership

Posted by core9design > 2021-02-10 19:48 | Report Abuse

News item above could easily push MFLOUR to RM3

Joyce8439

72 posts

Posted by Joyce8439 > 2021-02-10 20:43 | Report Abuse

Good news!

Posted by mrlimitdown > 2021-02-11 09:18 | Report Abuse

sell on news

Posted by mrlimitdown > 2021-02-11 09:20 | Report Abuse

no making money . that why sell. give up on poutry business

Posted by mrlimitdown > 2021-02-11 09:23 | Report Abuse

make the wrong step to expand. right issue somemore. now have to sell. kena con on right issue

Posted by mrlimitdown > 2021-02-11 09:23 | Report Abuse

better sell

Posted by chinkeong88 > 2021-02-11 10:06 | Report Abuse

take over price around 0.85sen.. do not know after partnership, business can expand more?

Posted by chinkeong88 > 2021-02-11 10:09 | Report Abuse

Better sell all.., take profit first

Posted by mrlimitdown > 2021-02-11 10:16 | Report Abuse

con people. right issue say want to expand lah: this lah that lah. Now sell pulak

Posted by Snowpiercer > 2021-02-11 10:16 | Report Abuse

bad news......

greencode

1,692 posts

Posted by greencode > 2021-02-11 10:19 | Report Abuse

Sell on news . Reasonable price is below 70cent

Posted by mrlimitdown > 2021-02-11 10:20 | Report Abuse

they should sell the balance 55%. holding it for hopeful pulak. no hope just sell all .

Posted by Snowpiercer > 2021-02-11 10:22 | Report Abuse

why no mention of acquisition price.....

Posted by Snowpiercer > 2021-02-11 10:22 | Report Abuse

This company is highly leverage.....any amount received will go into paying debts

Posted by mrlimitdown > 2021-02-11 10:29 | Report Abuse

sure sell on lower price. no mco , hotel and restaurant close; business bad. later they will do impairment

GroundZero

355 posts

Posted by GroundZero > 2021-02-11 10:36 | Report Abuse

looks like some loser missed the boat...a boat with nearly 70% ROI in just a few months. LOL

Posted by mrlimitdown > 2021-02-11 10:41 | Report Abuse

impairment coming. if business good; they wont sell their 45 % share holding

Posted by Citydweller > 2021-02-11 10:53 | Report Abuse

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
MALAYAN FLOUR MILLS BERHAD ("MFM" OR "COMPANY")PROPOSED STRATEGIC PARTNERSHIP
WITH TYSON INTERNATIONAL HOLDING COMPANY ("TYSON" OR "BUYER") IN CONJUNCTION
WITH THE PROPOSED DISPOSAL OF 49% EQUITY INTEREST IN DINDINGS SUPREME SDN BHD
("DSSB"), A WHOLLY-OWNED SUBSIDIARY OF MFM, TO TYSON FOR A DISPOSAL
CONSIDERATION OF UP TO RM420,000,000 TO BE SATISFIED WHOLLY BY CASH ("PROPOSED
STRATEGIC PARTNERSHIP")
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com



11/02/2021 08:36 AM

ChinaMade

271 posts

Posted by ChinaMade > 2021-02-11 11:00 | Report Abuse

when the news come out.. u can see suddenly these 4 guys come out and said this company con la.. down la.. overprice la.. before this they are nowhere to be seen here. By the way, mfm not selling their company if u know how to read.. this is JV. 51% holding meaning they still have majority control in boardroom. And to another guy if u know how to read, the acquisition price is listed there..how the hell nowadays full of people dont even know how to read har????

Posted by mrlimitdown > 2021-02-11 11:02 | Report Abuse

sell so cheap for 420 mil for 45% stake. somemore they expand the poultry plant.

Posted by mrlimitdown > 2021-02-11 11:03 | Report Abuse

all the expand machine is brand new. sure tyson want to buy cheap

Posted by mrlimitdown > 2021-02-11 11:10 | Report Abuse

so simple chicken business also cannot manage. want white man to campur tangan.

Posted by chinkeong88 > 2021-02-11 11:20 | Report Abuse

no more plan for coming... bad debt so high in report

Posted by mrlimitdown > 2021-02-11 11:24 | Report Abuse

actually they should listed the poutry business seperately. like leong hup. They we minority also untung

Posted by mrlimitdown > 2021-02-11 11:30 | Report Abuse

if listed as 1.5 bil market cap; special dividend can give to us. now abuk pun tarak . just sell to white man

Posted by mrlimitdown > 2021-02-11 11:30 | Report Abuse

white man untung; we rugi

Allenlee

603 posts

Posted by Allenlee > 2021-02-11 11:31 | Report Abuse

WVery good with Tyson International Holding investing

SIQ555

174 posts

Posted by SIQ555 > 2021-02-11 11:52 | Report Abuse

Tyson has vast experience in this type of big businesses. 49% stake is massive and undoubtedly, we can expect...very bright future for MFlour.

SIQ555

174 posts

Posted by SIQ555 > 2021-02-11 11:56 | Report Abuse

Tyson listed in US. Present share price... approximately US69 with low of US56...for the past 6 months.

Posted by mrlimitdown > 2021-02-11 11:57 | Report Abuse

mflour cash flow problem. susah to right issue and now just sell company to ask for money

Felicity

104 posts

Posted by Felicity > 2021-02-11 11:59 | Report Abuse

This is good news for MFlour, having a partner in an area which it needs assistance. So quite the opposite that it is bad for the company.
Its flour business is doing allright, it needs support in the poultry business

Joyce8439

72 posts

Posted by Joyce8439 > 2021-02-11 12:13 | Report Abuse

Mrlimitdown, look like you are not really look good on the partnership

Posted by mrlimitdown > 2021-02-11 12:15 | Report Abuse

if u partnership with leong hup some more better. why partnership with white man ? really a joke

ChinaMade

271 posts

Posted by ChinaMade > 2021-02-11 13:10 | Report Abuse

lol this is getting funny.. suddenly he suggested partnership with leong hup..

Posted by aizuddin666 > 2021-02-11 13:55 | Report Abuse

why not partner with layhong also? complete package liao

hooi

1,773 posts

Posted by hooi > 2021-02-11 14:07 | Report Abuse

leong hup all this champion in asean market. partner with Tyson is not a good idea.

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