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Regional, Nestle, Relocating

Nestle relocating regional center

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16 Sep 2004 | (News)
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Plans to move its Regional Treasury Centre in Asia Pacific from Manila to Malaysia and Singapore by year-end.

Nestle S. A. is relocating its Regional Treasury Centre in Asia Pacific from Manila to Malaysia and Singapore by year-end, with Malaysia responsible for cash management, and Singapore financial and capital markets.

In a statement, the company said: “All operational companies in the Asia-Pacific region will benefit in terms of shared services.”

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