Post Reply
1-20 of 428
> > Singapore's OCBC sells F& N, APB stakes for US$2.55 bln:-
• OCBC, Singapore's second-biggest bank, and its insurance unit have agreed to sell their combined 18.1% stake in Fraser & Neave and an 8% stake in brewer Asia Pacific Breweries.
• OCBC Group would make a post-tax gain of about S$1.15 billion from the deal.
Never chase..
so any advice on THBEV...buy or no buy?
From Risktaker quote in STI thread:
" It's a done deal .... Buddy the money goes to Ocbc not F& N ..... Nothing is changed in F& N"
kiwi77sg ( Date: 19-Jul-2012 12:27) Posted:
Any kind soul care to enlighten me.
Why F& N is falling while OCBC is rising.
|
|
Chang $$$ Chang..
Chang $$$ Chang..
kaChing! all the way to Patpong!!!
Any kind soul care to enlighten me.
Why F& N is falling while OCBC is rising.
Ocbc holders will get special dividend
infancybird ( Date: 19-Jul-2012 07:20) Posted:
Confirmed, deal done at F& N $8.88 and APB $ 45.00......congratulation to all long term loyal holders......laughing to the bank . Fantastic good M& A
Oversea-Chinese Banking Corporation Limited (“OCBC Bank”) wishes to announce that it has today entered into two conditional sale and purchase agreements for the sale of:-
1.1.1 a total of 8,651,634 ordinary shares in the share capital of APB (collectively, the “APB Sale Shares”), representing approximately 3.4% of the total number of issued shares in APB1 for a total cash consideration of S$389,323,530 (equivalent to S$45.00 per APB share) to Kindest Place Groups Limited (“APB Purchaser”) and
1.1.2 a total of 46,226,850 ordinary shares in the share capital of F& N (collectively, the “F& N Sale Shares”), representing approximately 3.2% of the total number of issued shares in F& N2 for a total cash consideration of S$410,494,428 (equivalent to S$8.88 per F& N share) to Thai Beverage Public Company Limited (“F& N Purchaser”).
paulynsaram ( Date: 18-Jul-2012 17:53) Posted:
Shares in Fraser and Neave (F& N) and its unit Asia Pacific Breweries (APB) surged yesterday, with Thai parties emerging as the potential buyers of stakes worth over $2.8 billion in these two companies.
|
|
|
|
Confirmed, deal done at F& N $8.88 and APB $ 45.00......congratulation to all long term loyal holders......laughing to the bank . Fantastic good M& A
Oversea-Chinese Banking Corporation Limited (“OCBC Bank”) wishes to announce that it has today entered into two conditional sale and purchase agreements for the sale of:-
1.1.1 a total of 8,651,634 ordinary shares in the share capital of APB (collectively, the “APB Sale Shares”), representing approximately 3.4% of the total number of issued shares in APB1 for a total cash consideration of S$389,323,530 (equivalent to
S$45.00 per APB share) to Kindest Place Groups Limited (“APB Purchaser”) and
1.1.2 a total of 46,226,850 ordinary shares in the share capital of F& N (collectively, the “F& N Sale Shares”), representing approximately 3.2% of the total number of issued shares in F& N2 for a total cash consideration of S$410,494,428 (equivalent to
S$8.88 per F& N share) to Thai Beverage Public Company Limited (“F& N Purchaser”).
paulynsaram ( Date: 18-Jul-2012 17:53) Posted:
Shares in Fraser and Neave (F& N) and its unit Asia Pacific Breweries (APB) surged yesterday, with Thai parties emerging as the potential buyers of stakes worth over $2.8 billion in these two companies.
|
|
are we going to see some thai drinks in SG? haha~~
am hoping thai beverage can win the bid )
Shares in Fraser and Neave (F& N) and its unit Asia Pacific Breweries (APB) surged yesterday, with Thai parties emerging as the potential buyers of stakes worth over $2.8 billion in these two companies.
Shares in Fraser and Neave (F& N) and its unit Asia Pacific Breweries (APB) surged yesterday, with Thai parties emerging as the potential buyers of stakes worth over $2.8 billion in these two companies.!!Amazing!!! Isn't it??
Regards:
http://www.capitalvia.com.sg/sgx-singapore-picks.php
Interesting, the potential buyer is THAI BEVERAGE
If u brought f&n last Friday by now u should have made 80 cents :)
F& N !!! 8.20 ??
Put on your thinking cap:)
chinastar ( Date: 13-Jul-2012 07:30) Posted:
Nothing is fair in this world.
steadylar ( Date: 08-Jul-2012 12:08) Posted:
|
Business Times
Published July 06, 2012
Offer for F& N's HK unit unfair, says adviser
HK$0.28 a share offer is 46.7% off adjusted NAV
Under the Hong Kong takeover code, the privatisation will be approved only if at least 75 per cent of disinterested shares are cast for the proposal, and not more than 10 per cent against - BLOOMBERG
[SINGAPORE] A spanner has been thrown in the works of a proposed privatisation deal involving Frasers & Neave (F& N) and its subsidiary Frasers Property (China) Ltd.
Shareholders of the subsidiary are due to vote on July 30 in a special general meeting to consider the privatisation deal, which will pay them HK$0.28 per share.
But in a twist of events, the independent board committee set up to advise shareholders on the deal, together with the independent financial adviser (IFA) it appointed, have advised shareholders to vote against the privatisation by its parent.
They called the terms " not fair and reasonable" in the scheme document posted on Hong Kong-listed Frasers Property (China)'s website yesterday.
|
|
|
|
Nothing is fair in this world.
steadylar ( Date: 08-Jul-2012 12:08) Posted:
|
Business Times
Published July 06, 2012
Offer for F& N's HK unit unfair, says adviser
HK$0.28 a share offer is 46.7% off adjusted NAV
Under the Hong Kong takeover code, the privatisation will be approved only if at least 75 per cent of disinterested shares are cast for the proposal, and not more than 10 per cent against - BLOOMBERG
[SINGAPORE] A spanner has been thrown in the works of a proposed privatisation deal involving Frasers & Neave (F& N) and its subsidiary Frasers Property (China) Ltd.
Shareholders of the subsidiary are due to vote on July 30 in a special general meeting to consider the privatisation deal, which will pay them HK$0.28 per share.
But in a twist of events, the independent board committee set up to advise shareholders on the deal, together with the independent financial adviser (IFA) it appointed, have advised shareholders to vote against the privatisation by its parent.
They called the terms " not fair and reasonable" in the scheme document posted on Hong Kong-listed Frasers Property (China)'s website yesterday.
|
|
Business Times
Published July 06, 2012
Offer for F& N's HK unit unfair, says adviser
HK$0.28 a share offer is 46.7% off adjusted NAV
Under the Hong Kong takeover code, the privatisation will be approved only if at least 75 per cent of disinterested shares are cast for the proposal, and not more than 10 per cent against - BLOOMBERG
[SINGAPORE] A spanner has been thrown in the works of a proposed privatisation deal involving Frasers & Neave (F& N) and its subsidiary Frasers Property (China) Ltd.
Shareholders of the subsidiary are due to vote on July 30 in a special general meeting to consider the privatisation deal, which will pay them HK$0.28 per share.
But in a twist of events, the independent board committee set up to advise shareholders on the deal, together with the independent financial adviser (IFA) it appointed, have advised shareholders to vote against the privatisation by its parent.
They called the terms " not fair and reasonable" in the scheme document posted on Hong Kong-listed Frasers Property (China)'s website yesterday.
Coming soon with goodies
