Nestle Malaysia rises on ice cream business sale talk


KUALA LUMPUR: Nestle (Malaysia) Bhd emerged as the top gainer in early trade on Friday following plans to explore the potential sale of its ice cream business to Froneri, a global ice cream firm active in more than 20 countries.

At 9.43 am, Nestle Malaysia shares rose 40 sen to RM109.90 on 300 shares traded.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Aemulus wins RM10.5mil order, marks debut in India
ICT Zone Asia secures RM24.5mil ICT hardware purchase order
FBM KLCI remains steady amid choppy trading
China's yuan edges down as dollar gains; investors watch Iran war talks
MTT Shipping and Logistics targets RM652.5mil IPO to fund fleet expansion
Trump's tariffs had little impact on GDP in 2025, but raised revenue, academic paper finds
Oil prices climb as investors reassess Middle East ceasefire prospects
Lynas to develop rare earths metal production plant in Vietnam
Kenanga sees value in Astro, TA Securities issues sell call
FBM KLCI sees choppy trading in early session

Others Also Read