28 July, 2006

Singapore: Asia Pacific Breweries to lift trading halt July 29

Singapore's Asia Pacific Breweries requested to lift the halt in trading in its shares on July 29 after announcing that Dutch brewer Heineken had raised its direct equity stake in the firm to 9.52 percent from 9.29 percent, Reuters released July 28.

The company requested that trading resume at 11.30 a.m. (0330 GMT).

Heineken is the company's biggest shareholder, with a total 65.1 percent stake, most of which is held through an investment vehicle. The stock last traded at SG$14.1 July 28.

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