Others

BackOct 07, 2015

 

Type Announcement
Subject OTHERS
Description
CHANGE OF SHAREHOLDING IN GAPL PTE LTD

On 7 October 2015, the Board of Directors of Guinness Anchor Berhad (“GAB”) has been informed by GAPL Pte Ltd (“GAPL”), a major shareholder of GAB, that Heineken has, on 7 October 2015, acquired the remaining shares owned by Diageo plc in GAPL. Heineken now owns 100% of GAPL which in turn holds 51% interest in GAB.

Heineken and Diageo have agreed to continue the current license agreements for the Diageo brands. Pursuant to this transaction, GAB will continue to benefit from access to both Heineken’s and Diageo's international brand portfolios.Heineken has indicated that it intends to remain GAB’s long-term majority shareholder.

For more information, please refer to the attached press release from Heineken and Diageo respectively.

This announcement is dated 7 October 2015.



Please refer attachment below.

 

Announcement Info

Company Name GUINNESS ANCHOR BERHAD
Stock Name GAB
Date Announced 07 Oct 2015
Category General Announcement for PLC
Reference Number GA1-07102015-00075

Attachments

  1. Diageo_announcement_re_GAPL.pdf (Size: 126,363 bytes)
  2. Heineken_announcement_re_GAPL.pdf (Size: 71,854 bytes)