Notice Of Decision Issued By The Malaysia Competition Commission Pursuant To Section 40 Of The Competition Act 2010 To Leong Hup Feedmill Malaysia Sdn. Bhd., A Wholly-owned Subsidiary Of Leong Hup International Berhad - Update
Type | Announcement |
Subject | OTHERS |
Description | NOTICE OF DECISION ISSUED BY THE MALAYSIA COMPETITION COMMISSION PURSUANT TO SECTION 40 OF THE COMPETITION ACT 2010 TO LEONG HUP FEEDMILL MALAYSIA SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF LEONG HUP INTERNATIONAL BERHAD - UPDATE |
(Unless otherwise stated, all abbreviations and definitions used herein shall have the same meaning as defined in the Company’s announcements dated 5 August 2022, 9 August 2022, 5 September 2022, 14 October 2022, 19 December 2022, 31 January 2023, 22 December 2023, 9 January 2024, 6 December 2024, 20 December 2024, 6 January 2025 and 8 April 2025 except where the context otherwise defined herein) Further to the Company’s announcements made on 5 August 2022, 9 August 2022, 5 September 2022, 14 October 2022, 19 December 2022, 31 January 2023, 22 December 2023, 9 January 2024, 6 December 2024, 20 December 2024, 6 January 2025 and 8 April 2025, the Board of Directors wishes to inform that further to the hearing of LFM’s judicial review application on 23 July 2025, the High Court of Kuala Lumpur has on 2 October 2025 allowed LFM’s judicial review application with costs of RM5,000 awarded to LFM. The High Court of Kuala Lumpur also ordered that the CAT Decision On Stay be quashed, and granted a stay of MyCC’s Decision, including payment of the financial penalty and all consequential actions, proceedings, execution and enforcement of MyCC’s Decision, pending the full and final disposal of LFM’s appeal to the Competition Appeal Tribunal. Further announcements will be made as and when there is material development on the above matter. This announcement is dated 2 October 2025. |
Announcement Info
Company Name | LEONG HUP INTERNATIONAL BERHAD |
Stock Name | LHI |
Date Announced | 02 Oct 2025 |
Category | General Announcement for PLC |
Reference Number | GA1-02102025-00022 |