132 years ago, two visionaries set up a modest company to produce carbonated soft drinks.
This company would eventually become one of the food and beverage giants in the region - Fraser and Neave, Limited.



Scotsmen John Fraser and David Chalmers Neave establish The Singapore and Straits Aerated Water Company,
alongside their printing press, to produce carbonated soft drinks.

  • 1898

    The Singapore and Straits Aerated Water Company becomes Fraser and Neave, Limited (F&N) upon issuing its shares to the public.

  • 1931

    The company enters into a joint venture with Heineken N.V. of Holland to form Malayan Breweries Limited to produce beer.

  • 1932

    TIGER BEER is born as Singapore’s first homegrown beer.

  • 1936

    F&N is awarded the Coca-Cola bottling franchise for Singapore and Malaysia.

  • 1941

    Malayan Breweries Limited acquires Archipelago Brewing Company and its flagship ANCHOR BEER.

  • 1955

    South Pacific Brewery of Papua New Guinea is incorporated into Malayan Breweries Limited.


The region’s first sweetened condensed milk plant is built in Petaling Jaya, Malaysia, under a joint venture with Beatrice Foods of Chicago. The facility opens in 1961.

  • 1964

    New bottling lines for soft drinks are set up in Singapore and Malaysia.

  • 1966

    General Foods of Los Angeles joins F&N and Beatrice Foods to form Premier Milk (M) Sdn Bhd.


• The first aerated water canning facility in Southeast Asia is installed at F&N’s River Valley Road plant in Singapore.
Another canning line follows at Premier Milk (M) Sdn Bhd.

• Fraser & Neave Containers is established to manufacture PVC and polythene packaging; the whollyowned subsidiary is subsequently renamed F&N Enterprises Pte Ltd.

  • 1968

    Premier Milk (S) Pte Ltd commences dairy production in Singapore.

  • 1971

    F&N buys into Malaya Glass, the largest manufacturer of glass products in Malaysia.

  • 1974

    In July, F&N launches the F&N corporate logo to better reflect its growing group of businesses and international expansion.
    • A state-of-the-art ice-cream manufacturing plant is built in Singapore.

  • 1979

    The Group acquires 34 percent of equity in Metal Box (S) Ltd, Singapore’s leading can manufacturer.


F&N marks its centennial; 100PLUS, a carbonated isotonic sports drink, is launched to commemorate the milestone.

  • 1985

    F&N’s breweries and soft drinks plant in Singapore are relocated for the vacated lands to be developed by F&N as it enters the property business.

  • 1987

    F&N, with Goodman Felders Watties, takes control of Cold Storage Holdings.


• Restructuring of Cold Storage Holdings – Centrepoint Properties becomes a member of F&N, and the Group acquires Cold Storage Holdings’ dairy operations in Singapore.
• Malayan Breweries Limited is renamed Asia Pacific Breweries Limited (APB).

  • 1992

    A 75-25 joint venture, F&N Coca-Cola, is formed with The Coca-Cola Company.

  • 1995

    F&N sets up Myanmar Brewery Limited to register a foothold in the country’s developing beer market. • The Group increases its share in Malaya Glass to 51 per cent.

  • 1996

    Fraser & Neave Holdings Bhd (F&NHB) comes into being following the restructuring of the Group’s Malaysian soft drinks, dairies and glass businesses, in compliance with Malaysia’s New Economic Policy.

  • 1999

    • The Group enters Thailand’s ice-cream industry via a 60 per cent stake in United Foods Ltd.
    • Asia Dairies Pte Ltd is renamed F&N Foods Pte Ltd.
    • F&N acquires a 20.1 per cent stake in Times Publishing Group.
    • Divestment of the Group’s 75 per cent interest in F&N Coca-Cola; management of the Malaysia soft drinks operations is moved to F&NHB.

  • 2000

    A third core business is established when F&N assumes majority control of the Times Publishing Group.


• F&N announces the acquisition of Nestle’s canned and liquid milk business in Malaysia and Thailand,
and becomes the largest canned milk producer in Southeast Asia following its completion in February 2007.

  • 2010

    F&N disposes of its glass business.

  • 2011

    F&N Creameries is formed to consolidate the Group’s ice-cream business.

  • 2012

    F&N divests its entire interest in APB, which has grown to become one of the key players in the beer industry in the Asia Pacific region.


• F&N becomes a part of Thailand’s TCC Group, which is engaged in food and beverage, real estate, industrial trading and consumer products, insurance and agriculture.

• F&N celebrates its 130th anniversary.


F&N disposes its 55% stake in Myanmar Brewery Limited.