Oct 31 (Reuters) - Webster Ltd WBA.AX :
* SHAREHOLDERS APPROVE DIVESTMENT OF BENGERANG LIMITED
* APPROVED DIVESTMENT OF ITS WHOLLY-OWNED SUBSIDIARY, BENGERANG LIMITED
* TOTAL CONSIDERATION PAYABLE TO WEBSTER FOLLOWING DIVESTMENT IS $132.7 MILLION
* WEBSTER EFFECTIVELY RETAINS RIGHTS TO PROCEEDS OF 2018 COTTON CROP RECENTLY HARVESTED