Oiltek, CAB Cakaran Sign MOU to Explore Palm-Based Animal Feed Joint Venture in Malaysia

Bitget2026/10/19 09:32

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Oiltek International's wholly owned subsidiary Oiltek Global today signed a nonbinding MOU with CAB Cakaran to explore a Malaysian joint venture.
The proposed venture would develop premium animal feed ingredients from palm oil-derived products using Oiltek's processing technology.
CAB provides an existing market through its four feed mills, acquired through its purchase of Cargill Feed on November 28, 2025.
The partners will assess technical, commercial and operational feasibility before proceeding, subject to definitive agreements and regulatory and corporate approvals.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Oiltek International Limited published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: XG5L7QFVIBPNMQ1Q) on October 19, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Oiltek, CAB Cakaran Sign MOU to Explore Palm-Based Animal Feed Joint Venture in Malaysia

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