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F&N
'High probability' of ThaiBev buying out F&N: Religare
SINGAPORE (May 24): Soft-drinks maker Fraser & Neave will likely be fully integrated under Thai Beverage in the coming quarters as the parent of both companies, TCC, seeks to restructure its holdings, says Religare analyst Nirgunan Tirchuchelvam.
May 24, 2016
Broker's Calls
F&N kept at ‘hold’ by DBS Vickers as it waits for $700 mil cash deployment
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.
May 11, 2016
F&N’s 2Q profit falls 54% in absence of profits from Myanmar brewery
SINGAPORE (May 10): First quarter earnings for Fraser and Neave fell 54.1% in the absence of profits from discontinued operations.
May 10, 2016