Asset Acquisitions and Disposals::Completion of Proposed Acquisition of Warburg Companies (as defined below)

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
01-Jul-2016 21:15:59
Status
New
Announcement Sub Title
Completion of Proposed Acquisition of Warburg Companies (as defined below)
Announcement Reference
SG160701OTHR53TC
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)
Further to the announcement by Fraser and Neave, Limited (the "Company") dated 15 June 2016 on the proposed acquisition by F&N Foods Pte Ltd (the "Proposed Acquisition") of the entire issued share capital in each of Warburg Vending Pte Ltd ("WV"), Warburg Engineering Pte. Ltd. ("WE") and Warburg Vending Services Pte. Ltd. ("WVS" and together with WV and WE, the "Warburg Companies"), the Company wishes to announce that the Proposed Acquisition was completed today. Accordingly, each of WV, WE and WVS have become indirect wholly-owned subsidiaries of the Company.


BY ORDER OF THE BOARD
Anthony Cheong Fook Seng
Company Secretary

1 July 2016