Stock Value
About Fraser and Neave
Fraser and Neave, Limited provides household and consumer products and services. The company operates primarily in Singapore, Malaysia, Rest of South East Asia, North East Asia, South Asia, South Pacific, and Europe and United States.
The company’s segments include soft drinks, dairies, breweries, printing and publishing, glass containers, investment property, development property and others.
The company’s Soft Drinks, Dairies and Glass Containers divisions, based in Singapore, Malaysia, Thailand, Vietnam and China, are operated primarily through Fraser & Neave Holdings Bhd; and its beer business, executed mainly through Asia Pacific Breweries Limited, operates 36 breweries in 13 countries in the Asia Pacific.
The company owns a portfolio of reputable brands, including F&N, 100PLUS, SEASONS for Soft Drinks; Magnolia, Fruit Tree Fresh, Nutrisoy and Nutritea for Dairies; and Tiger, Anchor, Baron’s and ABC for Beer.
Frasers Centrepoint Limited (FCL) is a wholly owned subsidiary of F&NL. It is a Singapore-based property company with a foothold in property development, property investment, serviced residences and investment funds. Its global footprint covers projects in Australia, China, Japan, Hong Kong, Korea, New Zealand, Philippines, Thailand, the UAE, the United Kingdom, and Vietnam.
The company’s subsidiary Times Publishing Limited (TPL) operates as a publishing and printing company. It engages in the distribution and retailing of books, magazines and the provision of educational services. It operates a global network of 20 international offices, 40 subsidiaries and 4 associated companies in key cities in South-East Asia, East Asia, Australia, Europe, the United Kingdom, and the United States.
Acquisitions
Soft Drinks: In September 2009, the company’s subsidiary company, Fraser & Neave Holdings Bhd (F&NHB) acquired the remaining 10% of the equity interest in F&NCC Beverages Sdn Bhd (F&NCCB) and F&N Coca-Cola (Malaysia) Sdn Bhd (F&NCC) from The Coca Cola Company.
Dispositions
In September 2009, the company, through Frasers Centrepoint Limited (FCL)’s subsidiary company, FCL China Development Pte Ltd, disposed of its entire shareholding interest in Metro Charm Holdings Limited.
Dairies: In August 2009, the company’s subsidiary company, F&N Dairy Investments Pte Ltd (F&NDI) sold its entire shareholding interest in Tien Chun Pte Ltd (TC) to China Dairy Group Ltd.
Printing and Publishing: In 2009, the company’s subsidiary, Times Publishing Limited (TPL) disposed of its subsidiaries Educational Associates Limited and TPL Printers (UK) Limited through liquidation.
Printing and Publishing: In 2009, TPL disposed of the distribution business in Rainbow Products Pty Limited and the English Language Training business in Marshall Cavendish Limited.
