Shares & Derivatives
Fraser and Neave Limited (SGX: F99): 2024 Full Year Result
By DividendParadise  •  December 4, 2024
On 8 November 2024, Fraser and Neave Limited (“F&N”) announced their full year result for FY2024. This quarter remained relatively consistent with the previous quarters, contributing to the stable financial performance for FY2024. F&N has also seen its share price increase since the previous update, though currently still trading at a discount from its book value, which provides investors a margin of safety. During the quarter on 20 September 2024, Thai Beverage Public Co Ltd (“ThaiBev”) announced the completion of the proposed share swap with TCC Assets Limited (“TCCAL”). With the completion, ThaiBev now holds approximately 70% of F&N, with TCCAL will hold the remaining 18%. There remains speculation if privatization of F&N may occur. Disclaimer: Not financial advice. All data and information provided on this site is for informational purposes only. Website: Financial Statements And Related Announcement::Full Yearly Results Website: (ThaiBev) Asset Acquisitions And Disposals::Completion Of The Proposed Share Swap Photo source: https://www.businesstimes.com.sg/companies-markets/fraser-and-neave-h1-profits-down-208-s653-million-higher-costs-bite...
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By DividendParadise
I am an ex-auditor. I tend to adopt a more skeptical view and downplay what Companies like to project themselves as.
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