CAB Cakaran Corp Bhd, which was transferred to the Bursa Malaysia main board this week, aims to increase its production of dressed and processed chickens, strengthen its marine products manufacturing division and expand its regional and global presence.
The poultry division was expected to contribute 50% of revenue within two years, with the remainder split equally between the marine products and value-added chicken-based products division, said chief operating officer Christopher H.P. Chuah.
Its production of dressed and processed chickens would increase 200% per month to 1.5 million birds upon completion of its new high-technology plant in Sungai Petani by third quarter of 2007.
The construction of the RM22.9mil (€5.02m) high-technology slaughtering and processing plant was scheduled to start next month, said chairman Datuk Zakaria Hashim.
“There are also plans to extend the plant to include facilities to produce fully-cooked processed chicken products to tap into the growing demand from foreign markets such as Japan, the Middle East and Europe,” he said.