Malaysian poultry producer to set up Cambodian operation

Malaysia-based poultry producer Leong Hup International Bhd unveiled its plans to set up operations in Cambodia, where it already exports chicks and chicken feed, after successfully raising $247 million from its initial public offering (IPO) on the Malaysian stock exchange.

A Reuters report about the firm’s debut on Bursa Securities last week quoted its chief financial officer Chew Eng Loke as saying that sales of chicks and chicken feed in the Kingdom have been promising and a warehouse is under construction to boost growth.

In full: https://www.phnompenhpost.com/business/malaysian-poultry-producer-set-cambodian-operation

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