The acquisition will be carried out by CAB's subsidiary, CAB Cakaran Sdn Bhd, which manages over 100 broiler and breeding farms across Peninsular Malaysia. Cargill is preparing to exit the commercial feed production sector in Malaysia by selling its subsidiary Cargill Feed Sdn Bhd (CFSB) to CAB Cakaran Corp Bhd for cash amounting to 231 million ringgit (approximately 49 million USD). The deal, announced on Thursday, marks a significant step for CAB Cakaran in strengthening its control over its poultry supply chain. The acquisition will be executed by CAB's subsidiary, CAB Cakaran Sdn Bhd, which has entered into a conditional share purchase agreement with Cargill Holdings (Malaysia) Sdn Bhd to purchase 100% of the equity in CFSB. The transaction is expected to close by the fourth quarter of 2025, subject to regulatory approvals and the fulfillment of customary conditions. Cargill Feed Sdn Bhd produces compound feed for various types of livestock and aquatic animals at its ...