19 February 2013
Thai Beverages 18 Feb 2013 News - Mandatory cash offer for Fraser & Neave closes
Bangkok, Thailand, 18 February 2013 – Thai Beverage Public Company Limited (“ThaiBev” or the “Group”), notes Mandatory cash offer for Fraser & Neave closes that, as announced for and on behalf of TCC Assets Limited ("TCC Assets"), the mandatory cash offer (the "F&N Offer") for Fraser & Neave Limited ("F&N") has closed as of 5.30pm (Singapore time) on 18 February 2013 (the “Closing Date”).
Accordingly the F&N Offer is no longer open for acceptance and any acceptance received thereafter will be rejected. Resultant shareholding as at 5.30 p.m. (Singapore time) on the Closing Date, the total number of (i) F&N Shares owned, controlled or agreed to be acquired by TCC Assets and parties acting in concert with it, and (ii) valid acceptances to the F&N Offer, amount to an aggregate of 1,301,980,326 F&N Shares, representing approximately 90.32% of the issued share capital of F&N.
As at 5.30pm on the Closing Date, ThaiBev holds, through its wholly-owned subsidiary, Interbev Investment
Limited, 412,423,822 F&N Shares, representing approximately 28.61% of the issued share capital of F&N.
Mr. Thapana Sirivadhanabhakdi, President and Chief Executive Officer of ThaiBev said, “ThaiBev is very
pleased with the outcome of the offer and the high level of acceptances gained from shareholders. We look forward to working with TCC Assets in developing a constructive long-term relationship with F&N management and employees and will explore all options in an effort to enhance value.”
This press release should be read in conjunction with the announcement for and on behalf of TCC Assets
issued on 18 February 2013 regarding the close of the F&N Offer.
Source: http://thaibev.listedcompany.com/newsroom/20130219_081857_Y92_FE2D8637472D027E48257B1600601C25.1.pdf
Subscribe to:
Post Comments (Atom)
View All My Posts Here
-
►
2015
(4)
- ► March 2015 (1)
- ► February 2015 (3)
-
►
2014
(191)
- ► December 2014 (2)
- ► November 2014 (8)
- ► October 2014 (8)
- ► September 2014 (6)
- ► August 2014 (51)
- ► April 2014 (5)
- ► March 2014 (10)
- ► February 2014 (19)
- ► January 2014 (20)
-
▼
2013
(175)
- ► December 2013 (12)
- ► November 2013 (7)
- ► October 2013 (12)
- ► September 2013 (7)
- ► August 2013 (31)
- ► April 2013 (20)
- ► March 2013 (8)
-
▼
February 2013
(13)
- Thai Beverages 4Q2012 Result Released 27 Feb 2013
- Singapore Shares Market Daily Update - 27 Feb 2013
- Upcoming Release Dates for Quarterly Earnings of T...
- Singapore Shares Market Daily Update - 26 Feb 2013
- Woodlands - future waterfront metropolis
- What Makes Your Investment Result Better?
- Singapore Shares Market Daily Update - 22 Feb 2013
- High Speed Rail (KL - SG) 2020 Plan
- Singapore Stock Market - 20 Feb 2013
- Price Booms in Iskandar Malaysia
- Thai Beverages 18 Feb 2013 News - Mandatory cash o...
- My Investment Strategy - Hope Can Give You Some Ideas
- Singapore Stock Market Daily Update - 15 Feb 2013
- ► January 2013 (18)
-
►
2012
(132)
- ► December 2012 (43)
- ► November 2012 (11)
- ► October 2012 (7)
- ► September 2012 (31)
- ► August 2012 (20)
- ► March 2012 (1)
- ► January 2012 (5)
-
►
2011
(226)
- ► December 2011 (10)
- ► November 2011 (11)
- ► October 2011 (8)
- ► September 2011 (24)
- ► August 2011 (48)
- ► April 2011 (17)
- ► March 2011 (10)

No comments:
Post a Comment