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BRIEF-BRF to invest $16 mln in food precessing company in Malaysia

Reuters

Sept 12 (Reuters) - BRF SA :

* Announced on Friday a cooperation agreement between its unit BRF Foods GmbH and FFM Berhad, a unit of PPB Group Berhad

* BRF Foods GmbH to invest $16.0 million in FFM Further Processing SDN BHD (FFP), a food processing company located in Malaysia

* After the transaction BRF Foods GmbH will get a 70 percent stake in FFP, FFM Berhad will hold a remaining 30 percent stake

Source text: http://bit.ly/2c3jaio

Further company coverage:

(Gdynia Newsroom)