Asset Acquisitions and Disposals::Results of Transaction in Shares of Vinamilk

Issuer & Securities

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

Announcement Details

Announcement Title
Asset Acquisitions and Disposals
Date &Time of Broadcast
16-Nov-2018 17:24:22
Status
New
Announcement Sub Title
Results of Transaction in Shares of Vinamilk
Announcement Reference
SG181116OTHR8QM7
Submitted By (Co./ Ind. Name)
Hui Choon Kit
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Further to the announcement made by Fraser and Neave, Limited (the "Company") dated 17 October 2018 relating to the proposed acquisition of additional Vinamilk shares (the "Previous Announcement"), the Company attaches for information the Results of Transaction in Shares of Vinamilk dated 16 November 2018 issued by F&NDI to the HOSE (the "Completion Report") which was announced by the HOSE today.

The Company did not acquire any additional shares in Vinamilk further to the Previous Announcement due to unfavourable market conditions. Accordingly, as at the date of the Completion Report, the Company's stake in Vinamilk, through its wholly-owned subsidiaries F&NDI and F&NBev Manufacturing Pte. Ltd., remains at approximately 20.01%.

Capitalised terms used in this announcement shall, unless otherwise defined herein, have the same meaning ascribed to it in the Previous Announcement.


BY ORDER OF THE BOARD

Hui Choon Kit
Company Secretary

16 November 2018

Attachments

Results_-_16.11.18.pdf
Total size =1395K