Food & Beverage
Olam to raise funds if Farming Systems bid successful
Olam to raise funds if Farming Systems bid successful
Olam claimed Farming Systems' operational target-setting was unrealistic and requires significant strategic changes.
Japan Foods to open 3 restaurants in Singapore
Singaporeans will enjoy a new wave of Japanese food with the opening of the restaurants in August and September 2010.
IE Singapore leads food business mission to Africa
Agency also attracts food services providers to explore opportunities in rapidly urbanising Indonesia.
Kirin to acquire 14.7% Fraser & Neave stake from Temasek
Kirin's S$1.3 bln purchase targeted to expand soft drinks, dairy operations in Southeast Asia.
Etika to acquire Malaysian pasteurised milk manufacturer and distributor
S$38.5mln takeover of SLAJ and SLAM will enable Etika to expand to wider ready-to-drink dairy segment.
Olam eyes NZ Farming Systems Uruguay's foregone shares takeover
Share in NZFSU would increase to 100% at additional investment of S$106.78mln if offer materialises.
Fraser and Neave issues clarification letter to BT
Business Times published an article about F&N’s announcement on 13 July that it is ending its deal with Boncafe International.
Etika buys Indonesian instant noodle maker and distributor
Company enters new food and beverage sector in Indonesia with $2.9mln acquisition of PTSF and PTSB.
Asia Pacific Breweries unit takes over Rock Ember
The brewery acquired 75% stake of Rock Ember Limited from CHC Trustees.
Olam International to acquire Gilroy Foods & Flavor
$250mln purchase part of Olam's strategy to consolidate its Spices & Dehydrates business.
Olam International profit up 30% to S$267.2mln
Company attributes strong growth to success of its new corporate strategy.
Fraser and Neave profit up 144% to $474mln
Revenue shores up to more than 20% as all business units contributed to group's strong performance.
China Minzhong's S$237mln IPO closes with strong investor response
Company was able to attract over 102mln shares amounting to approximately S$123mln.
FoodXervices Inc to introduce premium kuri ice cream
KooriMo nutritious ice cream will be launched at Food and Hotel Asia 2010.
Vrescano introduces award winning salad dressing to Singapore
Cafe 26 Mustard Salad Dressing among Perth-based company’s healthy and nutritious food products imports.
Heavy drinking Vietnamese help Asia Pacific Breweries post $25.3 million profit
It was Tiger time in Vietnam, where the locals guzzled 35% more beer over Tet than last year, pushing Tiger's profit for the quarter up 56%.
Fraser and Neave profits up to $267m on F&B and properties
Fraser and Neave Ltd. reported Thursday its profits doubled to $267 million for the first quarter ended 31 December 2009.
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