Fraser and Neave Holdings Bhd (F&N)

Company in the news

F&N’s newly-incorporated Cambodian subsidiary to lease land for US$3.9 mil

The lease agreement was entered into for the group to set up a manufacturing facility for dairy products in Cambodia.
F&N reports 13.7% higher earnings of $45.1 mil in 1Q21 business update - THE EDGE SINGAPORE

Results

F&N reports 13.7% higher earnings of $45.1 mil in 1Q21 business update

1QFY2021 earnings per share (EPS) stood at 3.1 cents, up 14.8% y-o-y.
F&N to acquire Sri Nona companies for RM60 mil - THE EDGE SINGAPORE

M&A

F&N to acquire Sri Nona companies for RM60 mil

The proposed acquisition will be paid using the company’s internal funds and is expected to be completed in 1Q2021.

Broker's Calls

No fizz in F&N’s margins going into FY17

SINGAPORE (Nov 10): DBS Vickers Securities is maintaining its “hold” recommendation on Fraser and Neave Holdings (F&N) with a revised sum-of-parts-based target price of $2.36.
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