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.
The Singapore and Straits Aerated Water Company becomes Fraser and Neave, Limited (F&N) upon issuing its shares to the public.
The company enters into a joint venture with Heineken N.V. of Holland to form Malayan Breweries Limited to produce beer.
TIGER BEER is born as Singapore’s first homegrown beer.
F&N is awarded the Coca-Cola bottling franchise for Singapore and Malaysia.
Malayan Breweries Limited acquires Archipelago Brewing Company and its flagship ANCHOR BEER.
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.
New bottling lines for soft drinks are set up in Singapore and Malaysia.
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.
Premier Milk (S) Pte Ltd commences dairy production in Singapore.
F&N buys into Malaya Glass, the largest manufacturer of glass products in Malaysia.
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.
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.
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.
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).
A 75-25 joint venture, F&N Coca-Cola, is formed with The Coca-Cola Company.
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.
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.
• 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.
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.
F&N disposes of its glass business.
F&N Creameries is formed to consolidate the Group’s ice-cream business.
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.