Fraser and Neave Limited (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&B sector

F&N issues $140 mil worth of notes with 3% p.a. coupon

The notes will be listed on the SGX-ST on May 10.

Results

F&N reports 17.9% lower earnings of $68.5 mil on higher raw material and energy costs

For the period, F&N has declared an interim dividend of 1.5 cents per share, unchanged y-o-y.

Results

F&N's FY17 earnings soar to $1.3 bil on fair value adjustment and exceptional items

SINGAPORE (Nov 8): Fraser and Neave (F&N) saw FY17 earnings soar to $1.3 billion compared to $108 million the year before led by fair value adjustment and exceptional items of $1.2 billion, which arose largely from the realisation of fair value adjustment
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