Fraser and Neave rated 'buy' by DBS

Stock Name: F & N
Company Name: FRASER AND NEAVE, LIMITED
Research House: DBS Vickers

DBS Vickers Securities in a Mar 9 research report says: "F&N's jointly controlled subsidiary, Heineken-APB (China) Pte Ltd (HAPBC), has announced its that they have reached an agreement with a potential buyer for purchaser for the sale of its 21.37% stake in Kingway Brewery Holdings Ltd (KBH) for RMB1.08 billion.

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