Tate & Lyle disposes of ZSR Corporation Ltd of Zimbabwe and investment in Sugarmark (Namibia) Pty Ltd
… TLIA is a holding company that owns the Group's 50.1% interest in ZSR Corporation Ltd ("ZSR"), a sugar refiner … Group’s investment in Sugarmark had a book value of £0.1 million at March 2001 and contributed £0.3 million to … will give rise to a profit on disposal of less than £1 million. Larry Pillard Chief Executive said, "This sale …