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Omani poultry unit to boost egg production

25 March 2012

Modern Poultry Farms (MPF), a subsidiary of Oman Flour Mills, has unveiled plans to raise its table egg production capacity by about 40%, Muscat Daily has reported. MPF, in which OFM owns an 86% stake, has received in-principal approval from its board of directors for the expansion plan. "The funds for expansion would partly be raised through a rights issue, increasing its share capital," MPF said.

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