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5 companies fined RM415mil for forming ‘chicken fe

epudedude — Sat, 23 Dec 2023 09:32:38 +0800

KUALA LUMPUR: The Malaysia Competition Commission (MyCC) has fined five companies a total of RM415 million for forming a “chicken feed cartel” to fix prices.

MyCC CEO Iskandar Ismail said the firms were alleged to have agreed to raise the price of poultry feed, which then distorted chicken prices.

Investigations found that the five companies, the country’s biggest chicken feed producers, violated the Competition Act by having an agreement between them with the goal or effect of “preventing, restricting or distorting competition” in any market for goods or services.

The five companies are DINDINGS POULTRY DEVELOPMENT CENTRE SDN BHD, FFM BHD, GOLD COIN FEEDMILLS (MALAYSIA) SDN BHD, LEONG HUP FEEDMILL MALAYSIA SDN BHD, and PK AGRO-INDUSTRIAL PRODUCTS (M) SDN BHD.

“We have issued a final decision against the five companies for breaching Section 4 of the Competition Act 2010 through the formation of a chicken feed pricing cartel.

“Cartels are a supreme evil in competition law. Therefore, we act decisively to tackle issues like this. It is economic sabotage against all consumers,” he said at a press conference.

Iskandar said it was MyCC’s biggest fine to date.

According to Iskandar, the cost of chicken feed represents 72.8% of the total cost for chicken production compared with other factors, such as day-old-chicks (21%), manpower (2.6%), transportation (1.7%), vaccine/vitamin (1.0%), and utilities such as water and electricity (0.9%).

“Based on our investigation, there are 29 feedmill companies, of which these five companies control 40% of the market,” he said.

He said the companies would raise the price of chicken feed by RM1 to RM2 per 50kg, either simultaneously or within a week of each other.

Dindings Poultry was fined RM70,023,622.35, followed by FFM Bhd (RM42,689,583) Gold Coin Feedmills (RM97,511,670) Leong Hup Feedmill (RM157,470,027), and PK Agro-Industrial (RM47,800,793).

On top of the fine, MyCC also issued a cease and desist order instructing the companies to cease participation in the chicken feed cartel.

The companies may appeal to the Competition Appeal Tribunal, Iskandar said.

On Oct 24, former prime minister Ismail Sabri Yaakob Ismail asked the government to explain the outcome of the MyCC action against the companies accused of forming a “chicken cartel” to fix the price of chicken.

Previously, it was reported that MyCC would announce its decision in the case by the third quarter of 2023.

Sos Kicap

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F*cked up and sh1th0le country

epudedude — Fri, 09 Sep 2022 10:28:14 +0800

Inb4 tldw

[YOUTUBE]M2IQuXbExjU[/YOUTUBE]

Pity for them

That's what you get from highly corrupted goverment.

Learn, people.

But on side note, I notice there's a pattern for shithole countries

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Abe Sedak...

epudedude — Wed, 20 Apr 2022 16:03:05 +0800

[YOUTUBE]xpau9FfCfbs[/YOUTUBE]

Skip to 1:16 or here https://www.youtube.com/watch?v=xpau9FfCfbs&t=76s

Is that Menj?

epudedude — Wed, 13 Apr 2022 12:40:44 +0800

[YOUTUBE]FkTDGCfzMB8[/YOUTUBE]

I thought I saw Menj..if that's true...LOLL!!!!

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Go to 8.40 -> some people mudah keliru like here in malaysia...topkek...

'Kami tak akan dedah nama pemborong' - Peniaga

epudedude — Sat, 09 Apr 2022 15:34:59 +0800

Kuala Terengganu: Peniaga ayam di beberapa pasar utama di negeri ini bertekad untuk tidak mendedahkan nama pemborong walaupun bakal dikenakan tindakan kerana menjual ayam melebihi harga ditetapkan.

Beberapa peniaga ketika ditemui mengakui pendedahan nama pembekal akan mengakibatkan mereka diboikot dan tidak mendapat bekalan.

Peniaga ayam, Saiful Ngah, 47, berkata, dia menggesa kerajaan mengambil tindakan tegas kepada penternak di peringkat ladang dan bukannya ke atas pemborong dan peniaga.

"Kami bertekad untuk tidak mendedahkan nama pembekal termasuk menunjukkan resit pembelian kerana cara itu seolah menjerat diri sendiri.

"Walaupun bakal berhadapan dengan pelbagai tindakan kerana menjual ayam segar melebihi harga ditetapkan kerajaan iaitu RM8.90 sekilogram, tetapi kami tetap tidak akan mendedahkan nama pembekal," katanya.

Sementara itu, pemborong ayam segar dikenali dengan nama Pok Lang berkata, harga ayam hidup di peringkat ladang dijual kepada pembekal sebanyak RM6.80 sekilogram, iaitu melebihi harga ditetapkan berjumlah RM5.60 sekilogram.

Katanya, penternak memberi alasan terpaksa menaikkan harga ayam hidup susulan peningkatan harga makanan.

"Kami mengakui terpaksa menjual ayam yang sudah diproses kepada peniaga pada harga antara RM8.50 dan RM8.70 sekilogram selepas menolak kos pengangkutan dan kerja pembersihan.

"Kami terpaksa mengambil bekalan ayam hidup di Segamat, Johor dan Kuantan, Pahang setiap hari," katanya.

Pok Lang berkata, dia tidak menyalahkan pegawai penguat kuasa Kementerian Perdagangan Dalam negeri dan Hal Pengguna (KPDNHEP), sebaliknya menggesa kerajaan menyiasat secara terperinci harga jualan ayam hidup di peringkat ladang.

"Kita tidak akan mendedahkan nama syarikat pemborong kepada KPDNHEP walaupun bakal dikenakan tindakan kerana menjual ayam di peringkat borong melebihi harga ditetapkan iaitu RM7.60 sekilogram.

"Pengalaman apabila pemborong enggan menghantar bekalan kerana mendedahkan nama syarikatnya lebih 10 tahun lalu cukup memeritkan selepas saya mengemukakan resit pembelian kepada KPDNHEP ketika berlakunya krisis kenaikan harga ayam," katanya.

https://www.hmetro.com.my/mutakhir/2022/04/...mborong-peniaga

Short story, all of them are maderfaker...

Not enough chicken supply

epudedude — Mon, 07 Feb 2022 14:01:16 +0800

KUANTAN - Bekalan ayam mentah di pasar basah dan gerai di sekitar daerah ini didakwa semakin berkurangan sejak awal bulan ini.

Tinjauan Sinar Harian di Pasar Basah Kuantan dan Pasar Balok mendapati ayam yang dijual licin dalam tempoh tiga jam kerana pembekal dan pemborong mengehadkan bahan mentah itu kepada peniaga.

Ada juga peniaga mendakwa tidak dapat berniaga beberapa hari lalu disebabkan ketiadaan bekalan.

Seorang peniaga, Rokiah Man, 60, mengakui berdepan kekurangan bekalan bahan mentah itu sejak beberapa hari lalu kerana pembekal mengurangkan jumlah bahan mentah itu.

"Sebelum ini saya boleh menjual 70 hingga 100 ekor ayam mentah setiap hari tetapi sejak beberapa hari lalu hanya sebanyak 40 ekor sahaja dibekalkan," katanya.

Bagaimanapun, Rokiah mempersoalkan ketiadaan bekalan itu kerana dia memperoleh ayam bersaiz besar.

"Jika benar kekurangan bekalan, kenapa saya masih mendapat ayam berzaiz besar? Jadi saya tidak nampak ada masalah kekurangan bahan mentah itu sebaliknya ada pihak menyembunyikannya kerana penetapan harga oleh kerajaan," dakwanya ketika ditemui di Pasar Balok pada Jumaat.
Artikel Penuh : https://www.sinarharian.com.my/article/1862...k-cukup-Peniaga
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Sos cili ayam goreng
Ayam Kena Sorok