Tuesday 10 April 2012
Board of directors of Modern Poultry Farms, which is 86 per cent owned by Oman Flour Mills (OFM), has, in principle, approved a 40 per cent expansion of its table egg production capacity.
The expansion will be carried out in a new location, which is yet to be finalized, Oman Flour Mills said in a stock market filing.
Times of Oman reports that the funds for expansion will partly be mobilised through rights issue.
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