date:Aug 03, 2012
FNs 2011 accounts show that its separate soft drinks business, FN Holding Bhd. (key brand are FN Fun Flavors and 100Plus, pictured below) turned over S$759m (US $608.9m) last year, with EBIT up 38% to S$113m, and is particularly strong in Malaysia and Singapore.
Heineken launched a takeover offer for FN's jewel in the crown, Asia Pacific Beverages (APB), which could be worth up to S$7.5bn on July 20, but last Monday agreed a deadline extension with FNs board regarding its response.
With this