| FFM
Berhad or FFM as it is commonly known was incorporated in Malaysia on 3 December,
1962 as a private limited company. It was converted into a public company on 14
November, 1970. FFM shares were listed
on the then KLSE on 11 August, 1982. In
1987, FFM became a 50.86% subsidiary of PPB Group Bhd (PPB) following a takeover
bid by the latter. Pursuant to a privatisation scheme initiated by PPB on 10 November,
2003, FFM became a wholly-owned subsidiary of PPB on 25 August, 2004 and was officially
delisted and removed from the Official List of Bursa Securities on 14 October,
2004. PPB is part of the Kuok Group of Companies and the Kuok Group has extensive
businesses in Malaysia, Singapore, Hong Kong, China, Australia and other parts
of the world. Starting out as a Company
involved initially in the production of wheat flour, FFM has grown and diversified
over the years. The FFM Group is not only a dominant player in the Malaysian wheat
flour industry, but also a major player in the compounded animal feed industry,
and the industrial packaging field. The FFM Group is also involved in the marketing
of consumer products, the poultry business and commodities trading. It is constantly
looking at business opportunities which are synergistic with its present operations
to expand its scope of activities and prepare the group to face the exciting challenges
of the future. |