$ThaiBev (Y92.SG)$ ThaiBev will transfer to TCC Assets all o...
ThaiBev will transfer to TCC Assets all of its 28.78% shareholding in Frasers Property TQ5 2.5% (FPL). TCC Assets will transfer its 41.30% shareholding in Fraser and Neave (F&N) to ThaiBev. Upon completion, ThaiBev will hold 69.61% of F&N compared to 28.31% previously. TCC Assets will own 86.89% of FPL (up from 58.01%). $FRASERS PROPERTY LIMITED (TQ5.SG)$
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江南公子 : it means beer will go up?
Stock Watch OP 江南公子 : Good news for TB..
104152658 : This is quite a big difference. Previously ThaiBev had a non-controlling interest in F&N. This seems to be direct ownership now.
The good news is - F&N has been quite profitable recently. Huat ah!
Stock Watch OP 104152658 :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Siastan :
Rumpole 104152658 : Yes. This transaction will be earnings-accretive for TB. Share price should go up quite a bit post-halt. Good luck!
Stock Watch OP Jack LSW : no.