APB shares hit a record high following offer

Fraser and Neave meanwhile was the “strongest gainer on the index,” says Reuters.

A Reuters report said, “Shares of F&N were up 2.8 percent at S$8.51, while APB shares gained 6 percent to S$51.80, after hitting a record high of S$52.20 earlier in the session.”

This was after an offer challenging Heineken's $6 billion bid for Asia Pacific Breweries shares was made.

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