F&N

ThaiBev moves to refresh F&N board as Chan Heng Wing retires

The long-serving independent director will step down from his post after the 2026 annual general meeting

F&N's effective interest in Vinamilk will rise to 25% after the proposed transaction.

F&N subsidiary to acquire additional 4.6% stake in Vinamilk from Jardine C&C

The deal involves about 96.1 million sale shares, with a total consideration of around six trillion Vietnamese dong

The proposed transaction is set to be completed in the third quarter of 2027.

F&N Malaysia unit to sell 50% stake in property development JV for about RM180 million

The sale of its interest in the joint venture with Frasers Property is expected to result in a one-off gain of about RM83.2 million

Outgoing chief executive officer Hui Choon Kit was appointed in February 2022.

Fraser and Neave appoints Rahul Colaco as chief executive officer

He takes over from Hui Choon Kit, who retires on Sep 30

In the F&B segment comprising beverages and dairies, the revenue for beverages grew 19 per cent from the same period last year.

F&N’s 9-month profit dips 3.9% to S$118.2 million, despite 10% revenue growth

The company’s top line rises to S$1.77 billion during the period

Charoen Sirivadhanabhakdi, 81, has a net worth of about US$11.6 billion, according to the Bloomberg Billionaires Index.

Thai billionaire hands stakes in major companies to his children

Charoen Sirivadhanabhakdi has been gradually pulling out of active leadership positions in his group companies

The F&B segment's sales have been boosted by strong Chinese New Year campaigns, new products and improved pricing.

F&N H1 net profit rises 0.3% to S$84.1 million as F&B sales grow

Revenue rises 13.2% to S$1.21 billion on improved beverages, dairy sales

F&N board chairman Charoen Sirivadhanabhakdi, seen here in 2012, will be appointed as chairman emeritus.

Thai billionaire Charoen to retire as F&N chairman in 2025; Koh Poh Tiong to step up

Fraser and Neave (F&N) announced on Tuesday (Dec 24) that its board chairman Charoen Sirivadhanabhakdi will retire from office on Jan 16, 2025, at the conclusion of its 126th Annual General Meeting.