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Fraser and Neave Wiki2Web Clarity Challenge

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Study Guide: Fraser and Neave, Limited: Corporate History and Operations

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Fraser and Neave, Limited: Corporate History and Operations Study Guide

Founding and Early Development

The company's establishment in 1883 occurred under the corporate designation Singapore and Straits Aerated Water Company.

Answer: True

Explanation: Historical records confirm that Fraser and Neave originated in 1883 under the name Singapore and Straits Aerated Water Company.

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The founding individuals credited with establishing the company are John Fraser and David Chalmers Neave.

Answer: True

Explanation: John Fraser and David Chalmers Neave are recognized as the principal founders of the enterprise that evolved into the modern Fraser and Neave entity.

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The foundational origins of the company can be traced to the Singapore and Straits Printing Office.

Answer: True

Explanation: The historical lineage of Fraser and Neave indeed traces back to the Singapore and Straits Printing Office.

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In 1898, the public entity Fraser & Neave (F&N) was established through the acquisition of pre-existing businesses for a sum of $290,000.

Answer: True

Explanation: The formation of the public company Fraser & Neave (F&N) in 1898 involved acquiring existing businesses for $290,000.

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The visual representation identified as 'Caricature of John Fraser' portrays one of the company's founding individuals.

Answer: True

Explanation: The caricature labeled 'John Fraser' depicts John Fraser, one of the co-founders of the company.

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Ascertain the year of Fraser and Neave's establishment and its original corporate appellation.

Answer: 1883, Singapore and Straits Aerated Water Company

Explanation: Fraser and Neave was established in 1883 under the name Singapore and Straits Aerated Water Company.

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Identify the individuals recognized as the founders of the corporate entity that subsequently evolved into Fraser and Neave.

Answer: John Fraser and David Chalmers Neave

Explanation: John Fraser and David Chalmers Neave are credited as the founding individuals of the company.

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The company's genesis involved diversification into the aerated water sector, originating from which antecedent business operation?

Answer: Printing

Explanation: The company's origin involved diversification into aerated water from its initial operation in printing.

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Corporate Structure and Ownership Changes

Heineken is the entity that currently owns Fraser and Neave.

Answer: False

Explanation: The current owner of Fraser and Neave is ThaiBev, not Heineken.

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In January 2014, Fraser and Neave executed a de-merger of its properties business, which was subsequently re-listed as Frasers Centrepoint Limited.

Answer: True

Explanation: In January 2014, Fraser and Neave de-merged its properties division, which was then re-listed on the Singapore stock exchange as Frasers Centrepoint Limited.

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Fraser and Neave initiated a partnership with Coca-Cola in 1931, marking its entry into the brewing industry.

Answer: False

Explanation: In 1931, Fraser and Neave partnered with Heineken of Holland to enter the brewing industry, not Coca-Cola.

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The entity Malayan Breweries Limited was established via a joint venture between F&N and Heineken.

Answer: True

Explanation: Malayan Breweries Limited was indeed created through a joint venture involving Fraser and Neave and Heineken.

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Asia Pacific Breweries was previously identified by the name Malayan Breweries.

Answer: True

Explanation: The entity known today as Asia Pacific Breweries was formerly named Malayan Breweries Limited.

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In 2006, Temasek Holdings attained the status of the largest shareholder in F&N.

Answer: False

Explanation: In 2006, Temasek Holdings acquired a significant stake in F&N, becoming its second-largest shareholder, not the largest.

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In 2010, Kirin Holdings acquired F&N's stake in Asia Pacific Breweries.

Answer: False

Explanation: In 2010, Kirin Holdings purchased Temasek Holdings' stake in F&N, not F&N's stake in Asia Pacific Breweries.

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In July 2012, ThaiBev procured a substantial stake in F&N, originating from Heineken.

Answer: False

Explanation: In July 2012, ThaiBev acquired a stake in F&N from Oversea-Chinese Banking Corporation (OCBC), not directly from Heineken.

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Fraser and Neave reached an agreement to divest its holdings in Asia Pacific Breweries to Heineken for a sum of US$4.1 billion.

Answer: True

Explanation: In August 2012, Fraser and Neave agreed to sell its stake in Asia Pacific Breweries to Heineken for US$4.1 billion.

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ThaiBev and TCC Assets submitted a rival bid for F&N with the objective of thwarting its acquisition by Heineken.

Answer: True

Explanation: In September 2012, ThaiBev and TCC Assets made a competing offer for F&N, aiming to prevent Heineken's acquisition of Asia Pacific Breweries.

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Shareholders of F&N voted in opposition to the sale of Asia Pacific Breweries to Heineken.

Answer: False

Explanation: F&N shareholders approved the sale of Asia Pacific Breweries to Heineken during an extraordinary general meeting on September 28, 2012.

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In 2013, Kirin Holdings divested its ownership stake in F&N to TCC.

Answer: True

Explanation: Kirin Holdings sold its 15% stake in F&N to TCC, an entity associated with ThaiBev, in 2013.

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The corporate entity Frasers Centrepoint Limited underwent a name alteration to Frasers Property in the year 2018.

Answer: True

Explanation: In February 2018, Frasers Centrepoint Limited was renamed Frasers Property to standardize its global branding.

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Identify the principal conglomerate that currently holds ownership of Fraser and Neave.

Answer: ThaiBev

Explanation: ThaiBev is the major conglomerate that currently owns Fraser and Neave.

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Identify the company with which Fraser and Neave established a joint venture in 1931 concerning the brewing industry.

Answer: Heineken

Explanation: In 1931, Fraser and Neave formed a joint venture with Heineken to enter the brewing industry.

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Ascertain the original designation of the corporate entity that was later renamed Asia Pacific Breweries.

Answer: Malayan Breweries Limited

Explanation: The entity that became Asia Pacific Breweries was originally known as Malayan Breweries Limited.

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In 2006, Temasek Holdings acquired an equity stake in F&N, assuming which position within the company's shareholder structure?

Answer: Second-largest shareholder

Explanation: Temasek Holdings became the second-largest shareholder of F&N in 2006 after acquiring a 14.9% stake.

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Determine the financial valuation of the transaction when F&N agreed to divest its shareholding in Asia Pacific Breweries to Heineken in August 2012.

Answer: US$4.1 billion

Explanation: In August 2012, F&N agreed to sell its stake in Asia Pacific Breweries to Heineken for US$4.1 billion.

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Business Segments and Operations

Fraser and Neave, Limited's operational scope is confined solely to the food and beverage industry.

Answer: False

Explanation: While a significant player in the food and beverage sector, Fraser and Neave, Limited also operates within the publishing and printing industries, indicating its scope is not exclusively limited to food and beverages.

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The corporate headquarters of Fraser and Neave are situated in Malaysia.

Answer: False

Explanation: Fraser and Neave's corporate headquarters are located in Singapore, not Malaysia.

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The operational activities of Fraser and Neave are restricted exclusively to the Southeast Asian region.

Answer: False

Explanation: Fraser and Neave's operational reach extends globally, serving customers worldwide, rather than being limited solely to Southeast Asia.

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In 2021, Fraser and Neave's global workforce exceeded 7,000 individuals.

Answer: True

Explanation: In 2021, Fraser and Neave employed over 6,900 people globally, which aligns with the statement of exceeding 7,000 individuals.

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Fraser & Neave Holdings Bhd functions as a subsidiary of the Times Publishing Group.

Answer: False

Explanation: Fraser & Neave Holdings Bhd and Times Publishing Group are both notable subsidiaries of Fraser and Neave, Limited; one is not a subsidiary of the other.

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Fraser and Neave is characterized as a Thai-Singaporean conglomerate.

Answer: True

Explanation: Fraser and Neave is accurately described as a Thai-Singaporean conglomerate, reflecting its operational base and ownership structure.

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Fraser and Neave augmented its business portfolio by acquiring Times Publishing during the early 2000s, thereby expanding into printing and publishing.

Answer: True

Explanation: Fraser and Neave expanded its operations into printing and publishing through the acquisition of Times Publishing in the early 2000s.

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In 2008, F&N implemented a management structure wherein a single Chief Executive Officer was appointed to supervise all business divisions.

Answer: False

Explanation: In 2008, F&N reorganized its management by appointing specific chief executives for its three core business divisions (food & beverage, property, and printing & publishing), rather than a single CEO overseeing all.

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Identify the sector that is NOT enumerated among the primary industries in which Fraser and Neave operates.

Answer: Automotive Manufacturing

Explanation: Fraser and Neave's primary industries include Food and Beverage, Publishing, and Printing. Automotive Manufacturing is not listed among these.

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Determine the geographical location of the headquarters for Fraser and Neave, Limited.

Answer: Singapore

Explanation: The corporate headquarters of Fraser and Neave, Limited are located in Singapore.

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Describe the extent of Fraser and Neave's operational geographical scope.

Answer: Worldwide

Explanation: Fraser and Neave serves customers worldwide, indicating a global operational scope.

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Provide an approximation of the number of employees employed by Fraser and Neave in the year 2021.

Answer: Approximately 6,900

Explanation: In 2021, Fraser and Neave employed over 6,900 individuals globally.

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Identify from the following options a notable subsidiary associated with Fraser and Neave.

Answer: Fraser & Neave Holdings Bhd

Explanation: Fraser & Neave Holdings Bhd is identified as a notable subsidiary of Fraser and Neave.

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Characterize Fraser and Neave by selecting the most appropriate description of its business entity type.

Answer: A Thai-Singaporean conglomerate

Explanation: Fraser and Neave is best described as a Thai-Singaporean conglomerate, reflecting its diverse operations and ownership.

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Based on data from 2023, ascertain the approximate number of individuals employed by Fraser and Neave.

Answer: 7,200

Explanation: According to 2023 data, Fraser and Neave provided employment for over 7,200 individuals.

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Describe the method by which F&N expanded its business operations into the printing and publishing sectors during the period of 1999-2000.

Answer: By acquiring a majority stake in Times Publishing.

Explanation: F&N expanded into printing and publishing by acquiring a majority stake in Times Publishing between 1999 and 2000.

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Brands and Product Portfolio

In 1936, F&N obtained the franchise rights for Coca-Cola distribution within Singapore and Malaya.

Answer: True

Explanation: Fraser and Neave secured franchise rights for Coca-Cola beverages in Singapore and Malaya starting in 1936.

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Fraser and Neave's franchise rights were exclusively limited to Coca-Cola beverages.

Answer: False

Explanation: Fraser and Neave acquired franchise rights for various beverages beyond Coca-Cola, including brands from PepsiCo and Cadbury Schweppes.

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A new logo was introduced for the F&N food and beverage division in the year 2007.

Answer: True

Explanation: On June 27, 2007, F&N Singapore introduced a new logo for its food and beverage division.

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The collaborative partnership between F&N and Coca-Cola within Malaysia concluded in September 2011.

Answer: True

Explanation: The long-standing franchise agreement between F&N and Coca-Cola in Malaysia, Singapore, and Brunei ended on September 1, 2011.

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The current logo designation for F&N Foods has been implemented since 2007.

Answer: True

Explanation: The logo for F&N Foods has been in use since 2007, as indicated by available information.

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The brand 100Plus is distributed by F&N as a coffee product.

Answer: False

Explanation: The brand 100Plus, distributed by F&N, is a sports drink, not a coffee product.

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NutriSoy represents the F&N brand specifically dedicated to soy-based product lines.

Answer: True

Explanation: NutriSoy is the F&N brand focused on soy-based products.

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The Carnation brand is manufactured directly by Fraser and Neave.

Answer: False

Explanation: The Carnation brand is distributed by F&N under license from Nestlé, not produced directly by F&N.

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The brands Farmhouse and Magnolia are F&N products primarily categorized as soft drinks.

Answer: False

Explanation: Farmhouse and Magnolia are F&N brands associated with dairy and bakery products, not primarily soft drinks.

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Fruit Tree constitutes a brand of fruit juice products made available by Fraser and Neave.

Answer: True

Explanation: Fruit Tree is indeed a brand of fruit juice products offered by Fraser and Neave.

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In 1936, F&N secured franchise rights for Coca-Cola products across which specific territories?

Answer: Singapore, Malaya, and Brunei

Explanation: Starting in 1936, F&N acquired franchise rights for Coca-Cola products in Singapore, Malaya, and Brunei.

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From the options provided, identify the brand that is NOT explicitly stated as having franchise rights acquired by F&N.

Answer: Tiger Beer

Explanation: While Tiger Beer is produced by a related entity (Asia Pacific Breweries), the franchise rights explicitly mentioned for F&N acquisition in the context of soft drinks include brands like 7-Up, Fanta, and Sunkist, but not Tiger Beer.

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Identify the significant business alteration that transpired on September 1, 2011, pertaining to F&N's operations.

Answer: F&N's partnership with Coca-Cola in Malaysia ended.

Explanation: On September 1, 2011, F&N's franchise agreement with Coca-Cola in Malaysia, Singapore, and Brunei concluded.

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Identify the brand distributed by F&N that is recognized as a sports drink.

Answer: 100Plus

Explanation: The brand 100Plus is distributed by F&N and is known as a sports drink.

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For which specific geographical market is the brand 'Daisy', distributed by F&N, intended?

Answer: The Philippines

Explanation: The Daisy brand, distributed by F&N, is specifically intended for the Philippine market.

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Identify which of the listed F&N brands is associated with the production or distribution of soy-based products.

Answer: NutriSoy

Explanation: NutriSoy is the F&N brand specifically focused on soy-based products.

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Financial Overview

For the fiscal year 2021, Fraser and Neave reported total assets approximating S$5 billion.

Answer: True

Explanation: In 2021, Fraser and Neave's total assets were reported at S$4.9 billion, which is approximately S$5 billion.

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Fraser and Neave's net income for the year 2021 surpassed S$200 million.

Answer: False

Explanation: Fraser and Neave's net income in 2021 was S$140.4 million, which does not exceed S$200 million.

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As of the year 2023, Fraser and Neave's total assets were documented as being less than S$5 billion.

Answer: False

Explanation: Data from 2023 indicates that Fraser and Neave's total assets exceeded S$5 billion, contrary to the statement that they were less than S$5 billion.

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What were the reported total assets of Fraser and Neave for the year 2021?

Answer: S$4.9 billion

Explanation: In 2021, Fraser and Neave reported total assets amounting to S$4.9 billion.

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Quantify the net income reported by Fraser and Neave for the fiscal year 2021.

Answer: S$140.4 million

Explanation: Fraser and Neave's net income for the year 2021 was S$140.4 million.

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Key Figures and Identification

The corporate entity Fraser and Neave, Limited is commonly identified by its acronym, F&N.

Answer: True

Explanation: Fraser and Neave, Limited is indeed widely recognized and referred to by its acronym, F&N.

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Charoen Sirivadhanabhakdi currently occupies the position of Chairman within Fraser and Neave.

Answer: True

Explanation: Charoen Sirivadhanabhakdi holds the position of Chairman for Fraser and Neave.

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Charoen Sirivadhanabhakdi originates from Vietnam as a prominent business magnate.

Answer: False

Explanation: Charoen Sirivadhanabhakdi is a prominent business magnate of Thai Chinese origin, not Vietnamese.

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The designated official website for Fraser and Neave is www.fn.com.

Answer: False

Explanation: The official website for Fraser and Neave is www.fraserandneave.com, not www.fn.com.

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What is the complete legal designation of the corporate entity commonly identified by the acronym F&N?

Answer: Fraser and Neave, Limited

Explanation: The full legal name of the company commonly known as F&N is Fraser and Neave, Limited.

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Identify the individual currently serving as the Chairman of Fraser and Neave.

Answer: Charoen Sirivadhanabhakdi

Explanation: Charoen Sirivadhanabhakdi serves as the Chairman of Fraser and Neave.

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Define the identity and significance of Charoen Sirivadhanabhakdi in relation to Fraser and Neave's ownership.

Answer: A Thai Chinese billionaire business magnate

Explanation: Charoen Sirivadhanabhakdi is a Thai Chinese billionaire business magnate who holds significant ownership and leadership positions within Fraser and Neave.

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What is the designated official web address for Fraser and Neave?

Answer: www.fraserandneave.com

Explanation: The official website for Fraser and Neave is accessible at www.fraserandneave.com.

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