Heineken S$5.6bn offer is our ‘best opportunity’ to realize value: Fraser & Neave chair
date:Sep 07, 2012
ructure post disposal, while allowing us to distribute substantially the gain on disposal to FN shareholders, Yang added.

FNs CEO said that remaining proceeds (around 16% of FN gain from the APB and APIPL disposals) would be used to repay a chunk of FNs debts, giving the firm flexibility to pursue business opportunities in the food and beverage and properties businesses across the region.
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