KL Market

NESTLE - Nestle (Malaysia) Berhad News

• 14-Jul-2010 - Nestle investing RM20mil to raise Kit Kat plant output
  JOHOR BARU: Nestle (M) Bhd will invest RM20mil this and next year to increase the production capacity at its Kit Kat plant in Chembong, Negri Sembilan.
  
  
• 04-Jul-2010 - Nestle to keep rivals at bay
  JOHOR BARU: Nestle (M) Bhd said it will have to move faster from its competitors in terms of product development and differentiation.
  
  
• 11-Jun-2010 - MAS in, Nestle out of FBM KLCI
  KUALA LUMPUR: Malaysia Airlines will replace Nestle (M) Bhd in the FTSE Bursa Malaysia KL Composite Index following the semi-annual review approved by the FTSE Bursa Malaysia Index Advisory Committee, Bursa Malaysia and FTSE Group said in a joint statement yesterday.
  
  
• 23-Apr-2010 - Nestle plans RM140m capex
  PETALING JAYA: Nestle (M) Bhd plans to spend RM130mil to RM140mil in capital expenditure (capex) this year to be used for innovation purposes, capacity expansion and other type of investments, says executive director for finance and control Marc Seiler.
  
  
• 22-Apr-2010 - Nestle Q1 net profit up on higher sales, new product lines
  KUALA LUMPUR: Nestle (M) Bhd, a unit of the world's biggest food company, said its first quarter net profit rose 38% on the back of new product lines and higher sales on non dairy creamer.
  
  
• 04-Apr-2010 - Nestle sees higher exports this year
  PETALING JAYA: Food manufacturer Nestle (M) Bhd sees higher exports this year as the company benefits from the recovering global economy, said managing director Peter R. Vogt.
  
  
• 23-Mar-2010 - Palm oil producers beware
  LAST week, history repeated itself when multinational food conglomerate Nestle decided to cease its palm oil supply from Indonesia's Sinar Mas Group on reports of rainforest destruction by the environment non-governmental organisation (NGO) Greenpeace.
  
  
• 26-Feb-2010 - Nestle profit up on gains from halal tax incentives
  PETALING JAYA: Nestle (M) Bhd's net profit for the fourth quarter ended Dec 31 rose 11% to RM86.22mil from RM77.28mil in the previous corresponding period as it benefited from halal tax incentives on higher capital expenditure.
  
  
• 12-Jan-2010 - Nestle upbeat on growth opportunities
  PETALING JAYA: Nestle (M) Bhd, one of the country's biggest food manufacturers, sees good opportunities for growth this year, said managing director Peter R. Vogt.
  
  
• 12-Jan-2010 - Nestle MD: Staff ?very positive? on move
  PETALING JAYA: Nestle (M) Bhd staff are generally ?very positive? on the company's move from the landmark Nestle House near PJ Hilton to Surian Tower in Mutiara Damansara, according to managing director Peter R. Vogt.