Fonterra chairman praises Malaysia free-trade deal

10/27/2009 | New Zealand Herald, The

A free-trade agreement with Malaysia has prompted Fonterra Chairman Sir Henry van der Heyden to boost investment in Asia. He said the $12 million expansion of the Fonterra Dairymas cultured-foods plant in Kuala Lumpur was an "excellent example of how the co-operative was adding value and growing earnings for New Zealand farmer-shareholders."

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