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Rainbow Chicken to change its name
Rainbow‚ which in April acquired a 64.2% stake in Foodcorp and upped this shareholding to 88.1% in July‚ said the new name would better reflect its vision as a consumer focused business. Foodcorp is one of SA's leading manufacturers of branded and private label food products.
If approved by shareholders‚ it is anticipated that the company will commence trading on the JSE on 2 September under the new name "RCL Foods Limited" and under the new JSE share code RCL.
Source: I-Net Bridge
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