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shadowmoon Veteran	15-Sep-2012 16:26        shadowmoon About Contact  Quote this Post!   Yells: "Henshin"
x 0   x 0  Alert Admin	Actually which ever action Henekian made, THBev & TCC asset will benefit most. Maybe THBev real intention is to make Henekian bid to take over F& N at premium price, than THBEV can cash out on them totally since APB is planned to be sold by F& N (but still subjected to approval).. If that the case, F& N share will jump high so will THBev. As both will be benefitted. Interesting..ha . Let see if the story end like this.
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shadowmoon Veteran	14-Sep-2012 21:49        shadowmoon About Contact  Quote this Post!   Yells: "Henshin"
x 0   x 0  Alert Admin	A fake action...? To date, haven't see ThBev keep acquiring in open market after announcement to buy whole of F& N. Maybe is just a fake action to make F& N share value goes up, so that investor against the deal of APB. Maybe.... Let see how the story continue.  infoshare      ( Date: 14-Sep-2012 15:32) Posted: Sharks, a few days ago, he commented no need to take over,  so what actually transpired after that ? http://www.asianewsnet.net/home/news.php?id=36223& sec=2       ThaiBev 'sees no need' to acquire more than 30% of F& N   Sasithorn Ongdee The Nation Publication Date : 11-09-2012   Thapana Sirivadhanabhakdi, chief executive officer of Thaibeverage said it's 'no need' to purchase more stake in F& N as its current 29.1-per-cent share is large enough for management control. Thai Beverage, the company owned by Thailand's second-richest man Charoen Sirivadhanabhakdi, is most likely not to increase its interest in Fraser and Neave, pointing out that the current 29.1-per-cent stake is large enough for management control. " No need," president and chief executive officer Thapana Sirivadhanabhakdi, Charoen's first son, said in an interview with Nation Group yesterday when asked whether ThaiBev intended to acquire more than 30 per cent of F& N. If the stake breached 30 per cent, it would need to launch a mandatory offer for F& N under Singaporean law. " We are ready to learn more from and also to exchange information with F& N," said Thapana, adding that there were many brands in the Singaporean company's product portfolio. Strategically, ThaiBev wants to step forward on the global stage, and not only in the region, with renowned Asian brands. In the food industry, Charoen Pokphand is held up as an example of a Thai firm going for the global market. ThaiBev should be considered Thailand's global beverage brand, he said. " ThaiBev's aim will not only be to push our brands into the region, but also Asian brands into the global market," Thapana said. Products, brands and access to end consumers are the keys to business success, said Thapana, adding that the group could use F& N's distribution network to spread its products around the region. In the meantime, many F& N products could be sold in the Thai beverage market, as the group has Serm Suk and Berli Jucker under its umbrella. " This is not only an opportunity for the beverage business, but also for others such as logistics, for which we have the advantage of geographical location." Asked the objective of the group's acquisition deal with F& N, he said it was a long-term strategy. Thapana said F& N was a natural for the group's expansion goals, as it had its own production base and distribution networks. F& N was seen as a key driver to help ThaiBev to increase the proportion of its non-alcohol revenue. Meanwhile, ThaiBev and related businesses are said to have approached several banks in Singapore to line up funding for a potential general offer for F& N, The Business Times reported yesterday. The talks took place as F& N prepares to call a shareholders' meeting on September 28 to consider the sale of flagship brewing business Asia Pacific Breweries to Heineken. The Business Times quoted unnamed sources as saying that an escalating battle for APB may lie ahead if ThaiBev secures enough financing to mount the takeover in time, and intends to stop F& N from closing the deal. Talks are still going on with banks. ThaiBev is already F& N's largest shareholder with its stake of 29 per cent. ThaiBev, Thailand's largest brewer, first bought into F& N in July for its beer and non-beer businesses, and there has been speculation that it would object to the sale of the APB stake. Even if the Thai firm does not block the deal, it could be after a bigger say in F& N's future. The sale of APB is seen by many as the first step in the break-up of the conglomerate, which could see it realise the value of its other food and beverage, publishing and property assets. Heineken, which controls 46.2 per cent in APB, has informed the Singapore Exchange that as of Friday it had acquired 183,000 additional shares in the open market, which accounted for 0.07 per cent of APB's shares. This increased the number of APB shares that Heineken owns, controls and agrees to buy to 221.98 million or 85.97 per cent.
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shadowmoon Veteran	14-Sep-2012 21:24        shadowmoon About Contact  Quote this Post!   Yells: "Henshin"
x 0   x 0  Alert Admin	is a tricky case....ha what u the may not happen. Interesting to see what happen on 28Sep..ha  chinastar      ( Date: 14-Sep-2012 10:43) Posted: All well end well:) shadowmoon      ( Date: 13-Sep-2012 21:46) Posted: Be reminded that if APB deal not the, F& N will be penalized around 50million . Is a interesting game....ha Let c how the story end
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infoshare Member	14-Sep-2012 15:39        infoshare About Contact  Quote this Post!
x 0   x 0  Alert Admin	In F& B industry ,  honesty is the best policy for long term sustainability as trust wins you repeated customers
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infoshare Member	14-Sep-2012 15:32        infoshare About Contact  Quote this Post!
x 0   x 0  Alert Admin	Sharks, a few days ago, he commented no need to take over,  so what actually transpired after that ? http://www.asianewsnet.net/home/news.php?id=36223& sec=2       ThaiBev 'sees no need' to acquire more than 30% of F& N   Sasithorn Ongdee The Nation Publication Date : 11-09-2012   Thapana Sirivadhanabhakdi, chief executive officer of Thaibeverage said it's 'no need' to purchase more stake in F& N as its current 29.1-per-cent share is large enough for management control. Thai Beverage, the company owned by Thailand's second-richest man Charoen Sirivadhanabhakdi, is most likely not to increase its interest in Fraser and Neave, pointing out that the current 29.1-per-cent stake is large enough for management control. " No need," president and chief executive officer Thapana Sirivadhanabhakdi, Charoen's first son, said in an interview with Nation Group yesterday when asked whether ThaiBev intended to acquire more than 30 per cent of F& N. If the stake breached 30 per cent, it would need to launch a mandatory offer for F& N under Singaporean law. " We are ready to learn more from and also to exchange information with F& N," said Thapana, adding that there were many brands in the Singaporean company's product portfolio. Strategically, ThaiBev wants to step forward on the global stage, and not only in the region, with renowned Asian brands. In the food industry, Charoen Pokphand is held up as an example of a Thai firm going for the global market. ThaiBev should be considered Thailand's global beverage brand, he said. " ThaiBev's aim will not only be to push our brands into the region, but also Asian brands into the global market," Thapana said. Products, brands and access to end consumers are the keys to business success, said Thapana, adding that the group could use F& N's distribution network to spread its products around the region. In the meantime, many F& N products could be sold in the Thai beverage market, as the group has Serm Suk and Berli Jucker under its umbrella. " This is not only an opportunity for the beverage business, but also for others such as logistics, for which we have the advantage of geographical location." Asked the objective of the group's acquisition deal with F& N, he said it was a long-term strategy. Thapana said F& N was a natural for the group's expansion goals, as it had its own production base and distribution networks. F& N was seen as a key driver to help ThaiBev to increase the proportion of its non-alcohol revenue. Meanwhile, ThaiBev and related businesses are said to have approached several banks in Singapore to line up funding for a potential general offer for F& N, The Business Times reported yesterday. The talks took place as F& N prepares to call a shareholders' meeting on September 28 to consider the sale of flagship brewing business Asia Pacific Breweries to Heineken. The Business Times quoted unnamed sources as saying that an escalating battle for APB may lie ahead if ThaiBev secures enough financing to mount the takeover in time, and intends to stop F& N from closing the deal. Talks are still going on with banks. ThaiBev is already F& N's largest shareholder with its stake of 29 per cent. ThaiBev, Thailand's largest brewer, first bought into F& N in July for its beer and non-beer businesses, and there has been speculation that it would object to the sale of the APB stake. Even if the Thai firm does not block the deal, it could be after a bigger say in F& N's future. The sale of APB is seen by many as the first step in the break-up of the conglomerate, which could see it realise the value of its other food and beverage, publishing and property assets. Heineken, which controls 46.2 per cent in APB, has informed the Singapore Exchange that as of Friday it had acquired 183,000 additional shares in the open market, which accounted for 0.07 per cent of APB's shares. This increased the number of APB shares that Heineken owns, controls and agrees to buy to 221.98 million or 85.97 per cent.
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bluechip138 Member	14-Sep-2012 14:52        bluechip138 About Contact  Quote this Post!
x 0   x 0  Alert Admin	What is the purpose of Heineken of penalizing F & N with $55M if  the sale of APB is not successful? Think  it should re-strategise its proposal since the chance of the APB is being supported is much lower now. Especially, when shareholders can sell to TB @ $8.88 compared to the buyback @ $8.50 by F& B board. Think the EGM on 28 Sep will be very interesting with full of queries..........
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chinastar Senior	14-Sep-2012 10:43        chinastar About Contact  Quote this Post!
x 0   x 0  Alert Admin	All well end well:) shadowmoon      ( Date: 13-Sep-2012 21:46) Posted: Be reminded that if APB deal not the, F& N will be penalized around 50million . Is a interesting game....ha Let c how the story end
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chinastar Senior	14-Sep-2012 10:42        chinastar About Contact  Quote this Post!
x 0   x 0  Alert Admin	All well end well:) shadowmoon      ( Date: 13-Sep-2012 21:46) Posted: Be reminded that if APB deal not the, F& N will be penalized around 50million . Is a interesting game....ha Let c how the story end
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rutheone1905 Veteran	13-Sep-2012 22:57        rutheone1905 About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	when this is done it will be a proof tat working in private coy is better then being in the politic.....haha  he will be much richer then the combination of both his father n son. he also smart to leave quasi-gov singtel to join a private coy.   tiancai007      ( Date: 13-Sep-2012 09:51) Posted: Does our ah gong temasak has a stake in this? LKY son is the CEO though. Sad to hear that this is going into the hands of foreign coy.
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shadowmoon Veteran	13-Sep-2012 21:51        shadowmoon About Contact  Quote this Post!   Yells: "Henshin"
x 0   x 0  Alert Admin	ha i mean if APB deal not done... shadowmoon      ( Date: 13-Sep-2012 21:46) Posted: Be reminded that if APB deal not the, F& N will be penalized around 50million . Is a interesting game....ha Let c how the story end
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shadowmoon Veteran	13-Sep-2012 21:46        shadowmoon About Contact  Quote this Post!   Yells: "Henshin"
x 0   x 0  Alert Admin	Be reminded that if APB deal not the, F& N will be penalized around 50million . Is a interesting game....ha Let c how the story end
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infancybird Senior	13-Sep-2012 17:10        infancybird About Contact  Quote this Post!
x 0   x 0  Alert Admin	Just my view..... Henieken is likely to partner with another interested party to bid higher (  may be 50cents higher)for entire FNN , if successful, follow by asset split with Henieken taking all of  APB while the other party take over the property & rest of asset. Hence all the earlier capital reduction etc are null & void and loyal shareholders will get maximal reward.....this is the best scenerio. infancybird      ( Date: 13-Sep-2012 06:48) Posted: This morning at 4am Thaibev and TCC announced their mandatory cash offer for FNN for $ 8.88. Hopefully the offer price will be up by other party  or parties. Lets ride with the Thai.
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bluechip138 Member	13-Sep-2012 16:30        bluechip138 About Contact  Quote this Post!
x 0   x 0  Alert Admin	1) Is it good to support via capital reduction scheme offered by F & N? 2) Is still fair for F & N to buy the shares from us @ $8.50 (via capital reduction scheme) when the current market is as high as $8.94? 3) Is it better to sell now @ higher price or to hold the shares after the capital reduction scheme? Thanks.
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tiancai007 Master	13-Sep-2012 09:51        tiancai007 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Does our ah gong temasak has a stake in this? LKY son is the CEO though. Sad to hear that this is going into the hands of foreign coy.
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javierzanetti Member	13-Sep-2012 09:36        javierzanetti About Contact  Quote this Post!
x 0   x 0  Alert Admin	oh ok. Thanks for the explanation. oldflyingfox      ( Date: 13-Sep-2012 09:30) Posted: They will sent you a letter of offer which don't go through your trading account. Therefore, no need to pay any commission. If they are able to buy back and hold more than 90% of the total shares, they then can do another offer (at least same price) to the rest that didn't sell it to delist it. oldflyingfox      ( Date: 13-Sep-2012 09:11) Posted: Don't sell now, this is good news and the bidding war just started. Actually, I wanted to buy it but now the price has already moved up with this news
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oldflyingfox Master	13-Sep-2012 09:30        oldflyingfox About Contact  Quote this Post!
x 0   x 0  Alert Admin	They will sent you a letter of offer which don't go through your trading account. Therefore, no need to pay any commission. If they are able to buy back and hold more than 90% of the total shares, they then can do another offer (at least same price) to the rest that didn't sell it to delist it. oldflyingfox      ( Date: 13-Sep-2012 09:11) Posted: Don't sell now, this is good news and the bidding war just started. Actually, I wanted to buy it but now the price has already moved up with this news. javierzanetti      ( Date: 13-Sep-2012 09:05) Posted: Hi, I am a newbie and  happen to hold on to some F& N stocks,  does anyone knows that since  thai bev has  make a 8.88 bid  what would happen now  ? do we have to go through our trading account and sell it for $8.88 ? what if we dont sell it, will they force sell it for us ?
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oldflyingfox Master	13-Sep-2012 09:11        oldflyingfox About Contact  Quote this Post!
x 0   x 0  Alert Admin	Don't sell now, this is good news and the bidding war just started. Actually, I wanted to buy it but now the price has already moved up with this news. javierzanetti      ( Date: 13-Sep-2012 09:05) Posted: Hi, I am a newbie and  happen to hold on to some F& N stocks,  does anyone knows that since  thai bev has  make a 8.88 bid  what would happen now  ? do we have to go through our trading account and sell it for $8.88 ? what if we dont sell it, will they force sell it for us ?
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javierzanetti Member	13-Sep-2012 09:05        javierzanetti About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hi, I am a newbie and  happen to hold on to some F& N stocks,  does anyone knows that since  thai bev has  make a 8.88 bid  what would happen now  ? do we have to go through our trading account and sell it for $8.88 ? what if we dont sell it, will they force sell it for us ?
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francisd Veteran	13-Sep-2012 06:57        francisd About Contact  Quote this Post! Style: Combined   Mood: Yells: "BUY LOW SELL HIGH"
x 0   x 1  Alert Admin	In this case we all shld be holding Thai Bev. shares, since they are going to make the bulk of the money if all goes well. Watch out for that counter.  Cheers.
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infancybird Senior	13-Sep-2012 06:48        infancybird About Contact  Quote this Post!
x 0   x 0  Alert Admin	This morning at 4am Thaibev and TCC announced their mandatory cash offer for FNN for $ 8.88. Hopefully the offer price will be up by other party  or parties. Lets ride with the Thai.
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