A Taste of Wellness for Savoury and Snacks
Givaudan
As expected, shareholders of food manufacturer Nestle (Malaysia). On Wednesday approved the sale of four units of the company and the payout of the proceeds as a special tax-free interim dividend, a spokeswoman for the company said.
Nestle (Malaysia) is selling two 100 per cent-owned units and another two companies held by its 100 per cent-owned unit Nestle Products Sdn. Bhd. for a total 37 million ringgit (€10m). The company has neither provided names for the units it sold, nor who has purchased them.
The company expects to pay the special tax-free dividend of MYR0.15 a share in October.