Fraser and Neave

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Fraser and Neave, Limited
Type Public (SGX:600)
Founded Singapore, 1883
Headquarters Singapore
Key people Dr Michael Fam (Chairman)
Industry Food & Beverage, Properties, Publishing and Printing
Products Food & Beverage, Properties, Publishing and Printing
Revenue ▲ S$3,795.6 million SGD (2006)
Website http://www.fraserandneave.com/index.asp

Fraser and Neave Limited SGX: 600 is a Singapore based business group involved in foods and beverages, property and printing and publishing. The company is listed on the SGX, Singapore's stock exchange. It is also a listed component of the Straits Times Index of SGX.

Contents

[edit] About Fraser and Neave, Limited

Fraser and Neave, Limited ("F&NL" or the "Group") had its origins, more than a century ago, in the spirited decisions of two enterprising young men, John Fraser and David Neave, who diversified from their printing business to pioneer the aerated water business in Southeast Asia in 1883. From a soft drinks base, F&NL ventured into the business of brewing in 1931, dairies in 1959 and glass bottle manufacturing in 1972, property development and management in 1990 and publishing & printing in 2000.

Today, F&NL is a leading Pan Asian Consumer Group with core expertise and dominant standing in the Food and Beverage, Property and Publishing & Printing industries. Leveraging on its strengths in marketing and distribution; research and development; brands and financial management; as well as years of acquisition experience, it provides key resources and sets strategic directions for its subsidiary companies across all three industries. F&NL owns an impressive array of renowned brands that enjoy market leadership across a mix of beer, dairies, soft drinks and beverages; residential properties, retail malls and serviced residences; as well as publishing and printing services.

Listed on the Singapore Exchange Securities Trading Limited (SGX-ST), F&NL has shareholders’ funds and total assets employed of close to S$5 billion and S$11 billion, respectively. In addition, the Group is present in over 20 countries spanning Asia Pacific, Europe and USA and employs more than 14,500 employees worldwide.

Fraser and Neave appoints Mr Lee Hsien Yang, the former group CEO of SingTel as Non-Executive Director and Chairman-Designate from 6 September 2007 onwards. Mr Lee will assume the position of non-executive Chairman of the Company and Consultant upon the retirement of Dr Fam on 15 October 2007.[1]

[edit] Food and beverage

A household name to many, F&N has established itself as a leader in the Food & Beverage arena in Singapore and Malaysia since the 1930s. Beyond soft drinks, it has successfully ventured into beer brewing, glass manufacturing as well as dairy products such as milk, soya milk, juice drinks, pasteurised tea and ice cream. At the same time, F&N is building more and more reputable brands, which are well recognised in the region.

The Group’s consistent dominance in market share across various products has led to F&N Soft Drinks being awarded the Singapore Brand Award for five consecutive years since 2002. Through established distribution networks and joint partnerships, F&N aims to reinforce its foothold in the Food & Beverage industry geographically across the Asia Pacific Region, further expand its portfolio of brands and strengthen its Research and Development capabilities.

[edit] Properties

Frasers Centrepoint Limited (FCL), formerly known as Centrepoint Properties Ltd, is a wholly owned subsidiary of F&NL. It is a leading Singapore-based property company with a strong foothold in property development, property investment, serviced residences and investment funds. To-date, F&NL owns eight retail local malls (Frasers Centrepoint Malls), has developed over 9,000 quality local residential homes (Frasers Centrepoint Homes) and manages over 2,500 serviced residences units (Frasers Hospitality) in the region. It also owns and manages two office buildings (Alexandra Point & Valley Point) and a high-tech industrial property (Alexandra Technopark). Leveraging on the Group’s extensive network of alliances, Frasers Centrepoint Properties will continue to make inroads into key overseas markets (China, Australia and UK) to broaden its earnings base.

In line with its strategy to increase capital productivity, F&N reached a milestone in implementing its asset-light strategy when Frasers Centrepoint Trust (FCT), a real estate investment trust (REIT) was launched on the SGX in July 2006. This structure aims to improve the quality of its property earnings and provides F&N with greater access to capital for its continued growth.

[edit] Publishing and printing

The rich intellectual capital of Times Publishing paved the Group’s entry into the knowledge-based economy. Singapore’s largest publishing and printing company, Times Publishing has a well-established track record in publishing, printing, direct sales, distribution and retailing of books, magazines and the provision of educational services.

The Group’s diverse publishing business is based on the Total Service Concept - from conceptualisation to consumption. Times Publishing has been reorganised to realise synergies from its centres around the world, including UK, US, Europe, China and Australia.

[edit] References

  1. ^ [http://www.fraserandneave.com/fnn/attachment/newsroom/news_releases/2007/PressRelease.pdf Fraser and Neave appoints Lee Hsien Yang as Non-Executive Director and Chairman-Designate]. Fraser and Neave. Retrieved on 5 September 2007.
  2. ^ Centrepoint Homes. Fraser and Neave. Retrieved on 14 April 2006.

[edit] External links