8.6% stake in APB sold off to Heineken

Sale will be done by October 1 at S$53 per APB share.

In a release, Heineken N.V. announced that Heineken International B.V. has entered into an agreement with Kindest Place Groups Limited to acquire KPG's 22,207,130 shares in Asia Pacific Breweries Limited, representing 8.6% of the total issued share capital of APB, at a price of S$53.00 per APB share.

The completion of the KPG Sale shall take place by way of a married trade to be effected on the Singapore Stock Exchange at a date to be agreed, but not later than 1 October 2012.

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