HALEX (5151) - Halex gets RM184mil contract to supply 160,000 tonnes of rice

KUALA LUMPUR: Halex Holdings Bhd has been awarded a RM184mil contract to supply and package 160,000 tonnes of white rice for two years under the Food Bank Project launched by the Government.

Halex would supply “Super Special Import 5%” white rice from Cambodia, Vietnam, Myanmar, Thailand and Vietnam to Koperasi Majlis Belia Felda Malaysia Bhd (MBFM), said Halex executive deputy chairman Lt Gen (R) Datuk Masood Zainal Abidin.

“The estimated total contract value is up to RM184mil or 80,000 tonnes of white rice per annum,” Halex said. It will charge a premium of RM200 per tonne supplied to KMBFM, ammounting to a gross profit of about RM16mil, assuming that 80,000 tonnes are supplied.

20 November 2015
HALEX (5151) - Halex gets RM184mil contract to supply 160,000 tonnes of rice
http://www.thestar.com.my/business/business-news/2015/11/20/halex-gets-rm184mil-rice-contract/?style=biz