General Announcement::RESPONSE TO QUERY FROM THE STRAITS TIMES ON THE COMPANY'S STAKE IN FUNG CHOI MEDIA GROUP LIMITED

Issuer & Securities

Issuer/ Manager
FRASER AND NEAVE LIMITED.
Securities
FRASER AND NEAVE, LIMITED - SG1T58930911 - F99
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
03-Sep-2014 22:36:19
Status
New
Announcement Sub Title
RESPONSE TO QUERY FROM THE STRAITS TIMES ON THE COMPANY'S STAKE IN FUNG CHOI MEDIA GROUP LIMITED
Announcement Reference
SG140903OTHRRQOJ
Submitted By (Co./ Ind. Name)
Anthony Cheong Fook Seng
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
In response to a query from The Straits Times on this matter, Fraser and Neave, Limited wishes to announce as follows:

"F&N regularly reviews options for all our businesses as part of our on-going effort to improve shareholder value. With regard to our stake in Fung Choi, the Group currently has no plans to divest its 29.5% stake."

Anthony Cheong Fook Seng
Company Secretary

3 September 2014