to Japan's Kirin Holdings for S$1.33 billion. On 1 September 2011, the three-quarter-century partnership between F&N and Coca-Cola in Malaysia, Singapore and Brunei ended. F&N no longer had the franchise rights to manufacture and market Coca-Cola beverages. In July 2012, ThaiBev acquired a 22% stake in F&N from Oversea-Chinese Banking Corporation, raising its stake to 24.1%. In August 2012, F&N accepted an offer from Heineken to acquire its stake in Asia Pacific Breweries for US$4.1 billion. In September 2012, ThaiBev and its partner TCC Assets, both controlled by Thai Chinese billionaire Charoen Sirivadhanabhakdi, made a move to thwart efforts by Heineken to acquire control of Asia Pacific Breweries, with a S$8.8 billion (US$7.1 billion) cash offer for F&N. Other companies, such as, Coca-Cola and Kirin Holdings, also showed interest for the soft-drink and food businesses of F&N, in order to expand their operations in Asia. On 28 September 2012, F&N shareholders approved the sale of Asia Pacific Breweries to Heineken during the extraordinary general meeting held. In 2013, Kirin Holdings sold its 15% stake in F&N to TCC (ThaiBev). Frasers Centrepoint Limited and Frasers Property (2013–present) Charoen Sirivadhanabhakdi expanded his ThaiBev drinks and property empire to include about two-thirds of this Singaporean conglomerate. This was possible after Japan's Kirin Brewery Company sold its 15% stake for US$1.6 billion to Sirivadhanabhakdi. In January 2014, through a distribution in specie and re-listing of Frasers Centrepoint Limited by way of introduction on the Singapore stock exchange, the group de-merged its properties business. In February 2018, Frasers Centrepoint Limited was renamed Frasers Property globally. Products 100Plus Borneo Carnation (in Malaysia, Singapore, Brunei and Thailand, under license from Nestlé) CocoLife Daisy (a sweetened condensed creamer brand for Philippine distribution) EST Cola Farmhouse Fruit Tree Ice Mountain Seasons Magnolia NutriSoy NutriWell Oishi Ranger Sarsi References Notes Bibliography External links Official site Conglomerate companies of Singapore Companies listed on the Singapore Exchange Singaporean brands Food and drink companies of Singapore 1883 establishments in Singapore