Fraser & Neave

F&N shares closed at $1.25 on Nov 25, up 0.81%

F&N closed at $1.30 on Aug 5, down 0.76%.

(Sept 13): If he were alive today, the rubber and pineapple king of 1930s Singapore would surely be asking whether the custodians of his empire just sold another chunk of it too cheaply.

SINGAPORE (Feb 9): Fraser & Neave announced on Wednesday that it had increased its stake in Vinamilk from 5.4% to 17.5% to date and added that it would continue to acquire more shares when the opportunity arises.

SINGAPORE (Feb 8): Fraser & Neave has reported earnings of $22.4 million for 1Q17, a 12.1% decrease from the $25.5 million reported in the previous corresponding quarter.

SINGAPORE (Jan 10): Thai Beverage is set to benefit from Thailand’s improved economic growth of between 3.3% and 3.5% for FY17, given the healthy tourism industry, domestic consumption and investment trends.

SINGAPORE (Jan 6): DBS Group Research says companies in Singapore and Thailand are leading the way among the 10 member states of the Association of Southeast Asian Nations (Asean) in the expansion of their regional footprints.

SINGAPORE (Dec 9): Fraser & Neave’s two wholly subsidiaries F&N Dairy Investments and F&N Bev Manufacturing are seeking to each acquire a 2.7% stake in Vinamilk, or 39.2 million shares, from the Vietnamese Government for $700 million. The results are ex

SINGAPORE (Nov 23): Fraser & Neave’s wholly owned subsidiary MDSB has exercised a call option to acquire the remaining 30% of the issued share capital of Yoke Food Industries for RM23.4 million ($7.5 million).

SINGAPORE (May 11): DBS Vickers is maintaining its “hold” on Fraser & Neave (FNN) with unchanged target of $2.20 as the house waits for the F&B group to deploy its $700 million cash.