| Notice of Interest/Change in Interest | |
| * Asterisks denote mandatory information | |
| Name of Announcer * | FRASER AND NEAVE, LIMITED |
| Company Registration No. | 189800001R |
| Announcement submitted on behalf of | FRASER AND NEAVE, LIMITED |
| Announcement is submitted with respect to * | FRASER AND NEAVE, LIMITED |
| Announcement is submitted by * | Anthony Cheong Fook Seng |
| Designation * | Group Company Secretary |
| Date & Time of Broacast | 20-Jul-2012 20:50:24 |
| Announcement No. | 00143 |
| Price Sensitivity | No |
| >> Announcement Details | |
| The details of the announcement start here ... |
| >> Part I | |
| 1. Date of notice to issuer * | 20/07/2012 |
| 2. Name of Substantial Shareholder * | MM Group Limited |
| 3. Please tick one or more appropriate box(es): * | |
| - Notice of a New Substantial Shareholder's interest. [Please complete Part II and IV] | |
| >> Part II | |
| 1. Date of change of Deemed Interest | 18/07/2012 |
| 2. Name of Registered Holder | Thai Beverage Public Company Limited ("ThaiBev") |
| 3. Circumstance(s) giving rise to the interest or change in interest | # Others |
| # Please specify details | Reference is made to the announcement released by ThaiBev on the SGXNET dated 18 July 2012 (the "Announcement"). On 18 July 2012, ThaiBev entered into conditional sale and purchase agreements (the "SPAs") with: (a) Oversea-Chinese Banking Corporation Limited; (b) Great Eastern Holdings Limited; and (c) Lee Rubber company (Pte) Limited pursuant to which ThaiBev will acquire a total of 313,036,775 ordinary shares in the capital of Fraser and Neave, Limited (the "Shares") on completion. As at 18 July 2012: • MM Group Limited ("MM Group") holds a 100% direct interest in each of Maxtop Management Corp. ("Maxtop"), Risen Mark Enterprise Ltd. ("RM") and Golden Capital (Singapore) Limited ("GC"); • Maxtop holds a 17.23% direct interest in ThaiBev; • RM holds a 3.32% direct interest in ThaiBev; and • GC holds a 0.06% direct interest in ThaiBev. As such, MM Group is deemed to be interested in shares in Fraser and Neave, Limited in which ThaiBev has an interest. Therefore, Maxtop is deemed to be a substantial shareholder. |
| 4. Information relating to shares held in the name of the Registered Holder | |
| No. of Shares held before the change | 0 |
| As a percentage of issued share capital | 0 % |
| No. of Shares which are subject of this notice | 313,036,775 |
| As a percentage of issued share capital | 22.00 % |
| Amount of consideration (excluding brokerage and stamp duties) per share paid or received | 8.88 |
| No. of Shares held after the change | 313,036,775 |
| As a percentage of issued share capital | |
| >> Part III | |
| 1. Date of change of [Select Option] | |
| 2. The change in the percentage level | From % to % |
| 3. Circumstance(s) giving rise to the interest or change in interest | [Select Option] |
| # Please specify details | |
| 4. A statement of whether the change in the percentage level is the result of a transaction or a series of transactions | |
| >> Part IV | ||
| 1. Holdings of Substantial Shareholder, including direct and deemed interest: | ||
| Direct | Deemed | |
| No. of shares held before the change | 0 | 0 |
| As a percentage of issued share capital | 0 % | 0 % |
| No. of shares held after the change | 0 | 313,036,775 |
| As a percentage of issued share capital | 0 % | 22.00 % |
| Footnotes | (1) The percentages in this notice are computed based on a total of 1,422,396,983 Shares (excluding treasury shares) in issue as of 18 July 2012. (2) MM Group is deemed to be interested in the 313,036,775 Shares in which ThaiBev has a deemed interest pursuant to the entry by ThaiBev into the SPAs. (3) Completion under the SPAs is subject to satisfaction of certain conditions more particularly set out in the Announcement. |
