Nestle Bhd 2018 AGM
Nestle Malaysia’s Annual General Meetings have been consistently held in April since I’ve started investing in the company. This year it was held on a Thursday (again), 26 April 2018.
The previous year, I kept everyone up to date with the proceedings via Facebook posts. This year, I tried Instagram. For more AGM videos and pictures in the future, follow me @dividendmagic.
The Annual General Meeting (AGM)
From Neslte’s notice (pic above), the AGM itself was due to commence at 10am. However, the goody bags themselves, as well as breakfast, will be available from 8am.
Unlike last year, I was adamant on arriving early this time lest they run out of goody bags again. I set my alarm for 7.30am and took the LRT to KL Sentral.
Arrival, Registration and Collection of the Goody Bag
The AGM was held at the same place – Hilton KL and in the same ballroom. Registration took all but 5 minutes and I went ahead to the goody bag collection area right after.
I was afraid they’d run out again like last year, but as you can see, they came prepared this time around.
Refreshments and Breakfast
Lugging around my heavy box of goody bag (I should have redeemed it after eating on hindsight), I went around visiting Nestle’s array of booths.
Milo was surprisingly unpopular, I think due to the recent controversy regarding its sugar content. I had about 5 cups throughout the day though. =)
I had some weird Mango Peach flavoured Nestum. And they were even selling Red Rice there.
It was my first time having breakfast at Nestle’s AGM as I was late last year. They only serve the breakfast packs for shareholders who arrive by 9.30 am.
A Hospitality Room was prepared for us to have breakfast there.
The Goodies – What was in Nestle’s 2018 Goody Bag
The goodies received this year was less compared to last year’s. I see it as less cost for the company but some shareholders were unhappy about it.
To my dismay, they also gave the horrible Mango Peach flavored Nestum.
The green tea – red bean Kit Kat was nice. And I guess Nestle succumbed to pressure from the public and ramped up production for Milo kosong.
Before Nestle Berhad’s 2018 AGM
Nestle’s 2018 AGM was to be held at 10 am and I had about 30 minutes to kill after breakfast. Walked around some more and eventually waited beside the Milo booth.
This will be all for now. I’ll be splitting this post up into 2 parts. I wanted to get this out as soon as possible for everyone who has been wondering about the content of Nestle’s goody bag this year.
Part 2 will consist of the content from Nestle’s actual AGM. Spoiler alert: We had good market share increase and profits.