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The CAT has not yet fixed a date to deliver its decision on the main appeal (which challenges the fine itself).
• Enforcement of the penalty remains legally suspended until that appeal is resolved.
The High Court granted a stay, meaning MyCC cannot enforce the RM70 million penalty until the CAT appeal is fully decided.
• DPDC also awarded costs, meaning MyCC or CAT may have to pay DPDC’s legal costs for this part.
It’s a positive development — DPDC successfully delayed enforcement and improved its legal standing.
The RM70.02 million fine cannot be collected or enforced until the CAT finishes the main appeal.
Agree, just my thoughts think time to collect at 56-57 lvl and hold. as rgt strengthens input cost is lower and profitablity goes up. Good fr 75 cts and higher in the medium term. avian flu is not a big cyclical issue as people long in this business would know how to handle it