Property developer and manufacturing company PRG Holdings Bhd plans to tap into the international halal market space in China via its unit Premier International Marketing Sdn Bhd.
PRG, in a filing with Bursa Malaysia said that it would enter into a memorandum of understanding (MoU) with Felcra International Venture Private Ltd (FIV) and Overseas Investment Union of The Investment Association of China (OIU) tomorrow to explore potential business and/or investment opportunities to market halal products owned by Felcra Livestock and Agri Product Sdn Bhd (FLAP) in China.
FIV is a wholly-owned unit of Federal Land Consolidation and Rehabilitation Authority Bhd (Felcra) that was set up to operate, manage and conduct international business and investment with potential business partner and with FLAP.
FLAP is another unit of Felcra, whose expertise is in trading and marketing of halal products.
Comments