Business description: Fraser & Neave Holdings

Fraser & Neave Holdings Bhd. is a Malaysia-based investment holding company. The Company’s core businesses include the manufacturing, sales, and marketing of Halal-certified beverages, dairy and food products. The Company has a portfolio of more than 30 brands. The brands include 100PLUS, BORNEO SPRINGS Natural Mineral Water, F&N Fun Flavours, F&N SEASONS, OYOSHI, F&N Magnolia, FARMHOUSE, F&N ICE MOUNTAIN, as well as a wide range of condensed and evaporated milk products under F&N, TEAPOT, GOLD COIN, Cap Junjung, Ideal and Carnation brands. Through its subsidiary, Sri Nona Foods Sdn Bhd, the Company produces the NONA brand of ketupat and sauces, alongside a variety of confectionery and snack brands, including the flagship LOT 100. Together, it offers over 200 products across Malaysia and Thailand, catering to a wide spectrum of consumer needs. The Company holds the exclusive rights to manufacture, market, and distribute Carnation products in Thailand, Laos and Cambodia.

Number of employees: 3,840

Sales by Activity: Fraser & Neave Holdings

Fiscal Period: September 2021 (MYR) 2022 (MYR) 2023 (MYR) 2024 (MYR) 2025 (MYR)

Food and Beverages Malaysia (F&B Malaysia)

2.13B 2.42B 2.85B 2.95B 2.96B

Food and Beverages Indochina (F&B Indochina)

2.03B 2.07B 2.18B 2.31B 2.25B

Others

71.11M 73.37M 86.98M 105M 112M

Property

3.12M 3.4M 2.73M 2.63M 2.6M

Inter-Segment

-109M -92.67M -123M -122M -131M

Geographical breakdown of sales: Fraser & Neave Holdings

Fiscal Period: September 2021 (MYR) 2022 (MYR) 2023 (MYR) 2024 (MYR) 2025 (MYR)

South East Asia

3.83B 4.23B 4.6B 4.9B 4.79B

Middle East & Africa

141M 86.33M 169M 111M 202M

Greater China

126M 114M 177M 160M 158M

Other Countries

32.56M 39.73M 52.19M 76.31M 49.98M

Executive Committee: Fraser & Neave Holdings

Manager TitleAgeSince
Chief Executive Officer 60 2014-11-30
Director of Finance/CFO 53 2022-01-31
Chief Tech/Sci/R&D Officer 62 2025-03-31
Chief Tech/Sci/R&D Officer 61 2019-12-31
Human Resources Officer 49 2024-09-30

Composition of the Board of Directors: Fraser & Neave Holdings

Director TitleAgeSince
Chairman 81 1987-02-23
Director/Board Member 68 2018-11-07
Director/Board Member 80 2025-01-14
Director/Board Member 59 2022-06-09
Director/Board Member 66 2023-01-16
Director/Board Member 63 2022-01-16
Director/Board Member 57 2025-01-14
Director/Board Member 71 2018-01-23
Director/Board Member 66 2018-01-23
Director/Board Member 65 2018-12-09

Shareholders: Fraser & Neave Holdings

NameStocks%Valuation
55.48 %
203,470,910 55.48 % 1 452 M RM
Employees Provident Fund
16.54 %
60,659,865 16.54 % 433 M RM
Permodalan Nasional Bhd.
8.411 %
30,850,300 8.411 % 220 M RM
Kumpulan Wang Persaraan
3.227 %
11,836,240 3.227 % 84 M RM
Public Mutual Bhd.
1.744 %
6,396,400 1.744 % 46 M RM

Company details: Fraser & Neave Holdings

Fraser & Neave Holdings Bhd.

Seksyen 26

40400, Shah Alam

+

http://www.fn.com.my
address Fraser & Neave Holdings(3689)

Other Non-Alcoholic Beverages

Change 5-day change 1-year change 3-year change Capi.($)
+2.70%+2.48%+3.85%+18.61% 2.68B
+1.04%-0.77%+19.49%+40.27% 359B
+3.09%-4.89%-5.43%+0.89% 43.09B
+0.82%-4.60%+25.82%+109.16% 24.12B
-1.91%-4.17%+5.87%+12.53% 19.2B
-0.69%-7.31%+5.72%+44.83% 16.96B
+5.73%+6.05%+26.96%+46.86% 13.43B
+2.17%-8.35%+57.36%+189.62% 11.93B
-0.08%-5.52%-17.37%+83.97% 8.71B
-1.24%-0.85%+1.75%-9.06% 8.7B
Average +1.16%-3.32%+12.40%+53.77% 50.8B
Weighted average by Cap. +1.14%-2.70%+16.77%+42.78%
Trader
Investor
Global
Quality
ESG MSCI
BBB
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
5
Last Close Price
29.70MYR
Average target price
35.03MYR
Spread / Average Target
+17.93%

Annual profits - Rate of surprise

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