Plans to Expand Table Egg Capacity

by 5m Editor
26 March 2012, at 6:44am

OMAN - 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.