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Provider: Reuters Investment Profile
Provider: Thomson Reuters Stock Report
Provider: Wright Reports
Provider: Reuters Investment Profile

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Kirin Holdings Co Ltd to Sell Shares in Fraser and Neave, Ltd and Expects Extraordinary Profit for FY 2013

Friday, 1 Feb 2013 01:30am EST 

Kirin Holdings Co Ltd announced that it has decided to sell 212,773,000 shares (a 14.76% stake) in Fraser and Neave, Ltd, for SGD 9.55 per share or approximately SGD 2,032 million in total, to TCC Assets Limited on February 14, 2013. As a result, the Company expects the extraordinary profit of approximately JPY 47 billion caused by sale of shares in Fraser and Neave, Ltd, for the fiscal year ending December 2013. 

Company Quote

-0.05 -0.37%
11 Jul 2014