Thai Beverage gets go-ahead on F&N shares

The company obtained waiver from SGX that enables it to have a say on F&N's Heineken offer.

In a release, SGX has granted a key waiver to Thai Beverage, enabling the company to become a shareholder in F&N and have its views taken into account as shareholder in relation to any F&N's shareholders' meeting that is held to consider the transactions contemplated by the Heineken offer.

Thai Bev is geared to obtain shareholder approval within three months.

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