Nestlé Malaysia Berhad owns a number of well-known household brands in Malaysia like the Nescafé, Maggi, and Milo brands. In fact, over nine million cups of Milo are consumed by Malaysians on a daily basis. It’s probably due to this ubiquity that Nestlé Malaysia’s share price has hardly fallen despite the COVID-19 pandemic. The company has also embarked on the premiumisation of a number of its products like establishing an alliance with Starbucks to launch ‘Starbucks at Home’ premium coffee products. At the same time, Nestlé Malaysia engages with social influencers and has set up a Kit Kat Chocolatery store to appeal to younger consumers of its products. In 2019, it expanded its Chembong Factory in Negeri Sembilan to manufacture Milo and divested its chilled dairy business. I could only compile limited notes from Nestle’s online AGM as the internet connection was unstable, but nonetheless, here are five things I...