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F&N bondholders' 'no' vote puts spanner in property unit spin-off

Saturday, November 16, 2013 - 06:00

Singapore FRASER & Neave (F&N) bondholders' Thursday vote against an amendment of its bond terms has put a spanner in the works of the conglomerate's bid to spin off its property unit, with no quick and easy solution in sight. "It's a difficult one," said a seasoned F&N analyst,

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