Fraser & Neave Ltd. · SGX:F99
Fraser & Neave — Merger or Acquisition (August 2013)
6 slides from Fraser & Neave's merger presentation, Aug 27, 2013
Slide 1: Dividend in Specie
Fraser & Neave, Limited Dividend in Specie 27 August 2013
Slide 2: Important Notice
Important Notice 2 Certain statements in this Presentation constitute “forward-looking statements”, including forward-looking financial information. Such forward- looking statements and financial information involve known and unknown risks, uncertainties and other factors which may cause the actual
Slide 3: Transaction Summary
Transaction Summary 3 Listing of Frasers Centrepoint Limited (“FCL”) by way of introduction on the SGX Proposed Dividend in Specie (“DIS”) of FCL shares to existing F&N shareholders Transaction F&N shall remain listed on the SGX SGX approval Shareholders’ approval at an EGM: Conditions of
Slide 4: Post-DIS, F&N and FCL will be independently-listed entities
Post-DIS, F&N and FCL will be independently-listed entities 4 Before-DIS Post-DIS TCCA Public TCCA Public 28.6% 61.7% 9.7% 28.6% 61.7% 9.7% DIS of FCL F&B P&P F&B P&P Pre-DIS Corporate Restructuring: At DIS of FCL: F&N will subscribe for new FCL shares for S$1b, such F&N will appropriate the net
Slide 5: Objectives and Benefits of DIS to Shareholders
Objectives and Benefits of DIS to Shareholders 5 Enable the Company to Focus on its Food and Beverage Business Unlock Shareholder Value and Create Enhance the Public Investment Image of FCL Flexibility for the Shareholders Financial Independence and Direct Access to Capital Markets for FCL
Slide 6: F&N shareholders will receive 2 FCL shares for each F&N share
Dividend in Specie of Frasers Centrepoint Limited 6 F&N shareholders will receive 2 FCL shares for each F&N share held At no cost to shareholders & with no adverse tax impact to Company and Singapore-based shareholders Before-DIS Post-DIS Financial Effects 30 Jun 2013 NAV per share 1 F&N Share S