Malaysia's 'sugar king' forges a link with Australian bottler of Coca-cola
Article Abstract:
Hong Kong-based Kerry Holdings Ltd., led by Malaysian businessman and 'Sugar King' Robert Kuok Hock Nien, has acquired a 9.3% interest in Australian soft drinks maker, Coca-Cola Amatil Ltd., for Australian $667 million. The alliance will expand Coca-Cola Amatil's share in the Southeast Asian market and some critics believe it will also pave the way for the bottler's entry to the Chinese market, where Kerry Holdings holds Coke franchises. In return, Kerry Holdings is expected to benefit from the increase in the price pf Coca-Cola Amatil's shares on the stock exchange.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
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Telstra, Coca-Cola Amatil join to let consumers buy a Coke, make a call
Article Abstract:
Coca-Cola Amatil and Telstra Telecommunications have formed an alliance to produce a credit system wherein consumers can use a stored value card for both vending machines and telephones. The mutual benefits of the two companies include equipment purchase, marketing information and cash management. The alliance is the first between a Coca-Cola bottler and a national telecommunications service provider.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1997
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Coca-Cola Amatil struggles to handle Indonesian woes
Article Abstract:
Coca-Cola Amatil Ltd has chosen to use less costly, reusable bottles in an effort to cope with the debilitating Indonesian economy. The company estimates that its Indonesian operations can break even by reducing costs and paying more attention to market needs. Barriers remain in the wake of the country's unstable political atmosphere and erratic currency, making planning tedious for the company.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1998
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