Tesco agrees to sell its businesses in Thailand and Malaysia for US$10.6bn
UK – The British multinational grocer, Tesco, has entered into a conditional agreement to sell…
Malaysia
Spanish ingredients supplier Iberchem Group buys two flavour companies in Asia
SPAIN – The Iberchem Group, a Spain-headquartered flavor and fragrance house, has completed the acquisition…
Malaysian Sime Darby to close operations in Liberia in restructuring strategy
LIBERIA – Sime Darby Plantation, a Malaysian oil palm planation company has disclosed that it…
IMCD acquires Matrix Ingredients operations in Singapore and Malaysia
NETHERLANDS – IMCD, a leading distributor of speciality chemicals and food ingredients, has acquired the…
Ajinomoto to invest US$84.9m in relocating Malaysian subsidiary
MALAYSIA – Japanese headquartered seasoning major, Ajinomoto will be investing US$84.9 million (MYR355 million) in…
Louis Dreyfus to invest in Malaysian poultry and food firm Leong Hup
ASIA – Leading agribusiness merchant, Louis Dreyfus Company (LDC) has announced that it will invest…
Malaysia to introduce tax on sugary soft drinks and juices
MALAYSIA – Malaysia is set to introduce a tax on ‘high sugar’ beverages including juices…
Malaysia secures export deal with China for frozen whole fruit durians
ASIA – Agriculture and Agro-based Industry of Malaysia has signed an agreement to export frozen…
Jacobs Douwe Egberts receives approval for Malaysian coffee producer buy
MALAYSIA – The world’s number one pure-play coffee maker Jacobs Douwe Egberts has received regulator…
Givaudan opens new business solutions centre in Malaysia
MALAYSIA – Givaudan, a Swiss manufacturer of flavors, fragrances and active cosmetic ingredients, has announced…