Food & Beverage
Fraser & Neave profit up 7% to $620.6mn
Yet Dairies unit’s profitability down 48% as it continued to be weighed down by high input costs.
Fraser & Neave profit up 7% to $620.6mn
Yet Dairies unit’s profitability down 48% as it continued to be weighed down by high input costs.
Thai Beverage profit up 21.7%
It would have been higher if not for the loss from the company’s beer business.
Asia Pacific Breweries profit up 30% to S$ 341.7mn
Group Revenue advanced 18% to almost S$3bn due to robust sales in markets such as Vietnam, Papua New Guinea and Sri Lanka.
Cheers!: Asia Pacific Breweries subsidiary acquires remaining shares in Clifford Pubs Limited
Approximately S$928,010 has been paid in cash for the 25% stake.
Fraser and Neave subsidiary sells entire 29.5% stake in China Dairy Group
The shareholding interest will be acquired by Oasis Ventures Limited for approximately S$38m.
Oishii! Fairmont Singapore launches own Japanese restaurant brand
Signature creations of Korean-born Executive Chef Moon Kyung Soo will be served at Mikuni restaurant.
It’s prime time! The Prime Society offers weekend brunch
The new brunch menu will only be available on weekends and public holidays from 11.30AM to 3PM, so be quick.
SATS sells UK food business for a whopping S$306m
Its UK subsidiary, Daniels Group, was sold to packaged food brand Hain Frozen Foods.
Sino Grandness’ revenue doubles to RMB177.8m in 1H2011
Phillip Capital says the company’s booming beverage business may boost FY13 net profit to RMB175m.
Oriental Food appoints Lee Wan Sing as Director of Corporate Affairs
Lee is tasked to manage the company's investment policies.
BreadTalk’s Lawrence Yeo Kia Yeow starts term as Group CFO
Yeo has served as Group CFO of SGX listed companies for 10 years.
Food Empire appoints Fong Choon Seng as Chief Financial Officer
The company’s ex-CFO Lawrence Yeo agreed to extend his post until 7 October.
A senior manager of Soup Restaurant quits
Ng Eng Chyuan New Ventures’ Senior Manager resigned.
Curry, anyone?
A neighborhood feud turned into a mass campaign to make immigrants accept curry, smell and all.
Fraser and Neave’s profit rises 17% to $751m in 3Q11
And its revenue grew 2% to $1.4b, driven by strong sales in Food & Beverage.
APB nine month PBIT up 23% to S$478.5mn
Yet rising inflation in the group’s main markets and the strengthening of the Singapore Dollar against regional currencies seen to adversely affect...
Beverage company director busted for tax fraud
Suharry Bin Abdullah should stay sober in the next 4 months as he serves his sentence in jail.
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