, Singapore

OUE mulls over buying F&N shares

When will the bidding ever stop?

In a statement, Overseas Union Enterprise notes that it has received a number of queries from various parties as to its intention with respect to Fraser and Neave. OUE wishes to state that it is in discussions with certain parties and is considering all options with respect to F&N, including an offer for F&N shares.

Shareholders of OUE and F&N should note that there is no certainty that an offer for F&N will materialise. Accordingly, shareholders of OUE and F&N are advised to refrain from taking any action in relation to their shares or securities in OUE or F&N (as the case may be) which may be prejudicial to their interests.

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Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.
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Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley