Fraser & Neave (F & N)

[CityFarmer]

Yesterday TCC manage to acquire 0.58% in single day, thus the total holding increases to 32.44%

On the same day, Prudential continue to off-load @$8.89 for another 0.723%, reduces it holding to 5.25%

Base on transaction today, probably TCC manage to acquire more than 1%, will conform by tomorrow announcement.

Base on announcement today

http://info.sgx.com/webcoranncatth.nsf/V...1000F4108/$file/Dealings_Announcement_081012.pdf?openelement

TCC latest holding is 33.49%, with 1.04% acquired on 5th Oct (last Friday)

The acquisition is accelerating.

At the same time, Prudential continue to reduce it stake to 4.8%. One important note is part of it sold @ $8.88