About us
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About Us

Fraser and Neave, Limited ("F&N" or the "Group") had its origins, more than a century ago, in the spirited decisions of two enterprising young men, John Fraser and David Neave, who diversified from their printing business to pioneer the aerated water business in Southeast Asia in 1883. From a soft drinks base, F&N ventured into the businesses of beer in 1931, dairies in 1959, property development and management in 1990 and publishing & printing in 2000.  In 2012, the Group divested a substantial part of its beer business. In 2013, as F&N celebrated its 130th year of operation, it also welcomed its new majority shareholder, the TCC Group, which is engaged in food and beverage, real estate, industrial trading and consumer products, insurance and agriculture. In January 2014, through a distribution in specie and re-listing of Frasers Centrepoint Limited by way of introduction on the Singapore stock exchange, the Group demerged its Properties business.

Today, F&N is a leading Asia Pacific Consumer Group with expertise and prominent standing in the Food & Beverage and Publishing & Printing industries. Leveraging its strengths in marketing and distribution, research and development, brands and financial management, as well as years of acquisition experience, the Group provides key resources and sets strategic directions for its subsidiary companies across both its businesses.

Listed on the Singapore stock exchange, F&N ranks as one of the most established and successful companies in the region with an impressive array of renowned brands that enjoy strong market leadership. F&N is present in 12 countries spanning Asia Pacific, Europe and the USA, and employs close to 9,000 people worldwide.

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Our Vision & Mission

Vision - To be a world-class multinational enterprise with an Asian base, providing superior returns with a focus on the Food & Beverage and Publishing & Printing businesses.

Mission - To be a world-class multinational enterprise providing superior returns to our shareholders, excellent value for our customers and a rewarding career for our employees.


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Our Strategic Approach

F&N's role as the parent company and entrepreneurial shareholder of our businesses will remain unchanged: we will play a proactive and pivotal role, on the respective boards and board committees, in charting the strategic directions of the individual businesses, identifying and creating new opportunities of growth for our subsidiaries, and leveraging our foundations, strengths and networks to steer the Group to even greater heights.

The strategy for growth for the two businesses is clear. Given Singapore's small domestic market, growth for the Group can only be achieved by extracting operating efficiencies, expanding into new markets and venturing into new businesses - measures that have been actively pursued by F&N. Continuing to drive shareholder value, the Group targets the following:

  • Effective capital management to improve returns to shareholders;
  • Expand and grow core businesses through intra-market growth, expansion to new markets and new synergistic ventures; and
  • Balance existing business portfolio by increasing contribution from Food & Beverage and Publishing & Printing businesses.
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Our Strategic Direction

Strengthen and Grow the Core
Maximise synergies and grow organically to secure market leadership positions

Build and Expand the Core
Seek inorganic growth through strategic mergers, acquisitions and alliances that leverage on the Group's core competencies

Develop and Expand into New Markets
Expand geographically to tap new sources of growth and to achieve better market diversification

Build and Leverage on Brand Equity
Invest in a strong portfolio of internationally-recognised brands, supported by product innovations and quality improvements

Improve Earnings Yield and Performance
Manage capital allocation to maximise returns and maintain a policy of improved payouts for shareholders

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Financial Targets

The Group is committed to enhancing shareholder value by meeting the following strategic financial targets:

  • Long-term sustainable earnings growth, averaging 10% per annum
  • Returns exceeding cost of capital for existing businesses
  • ROI of at least 10% for new investment

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