Arafura Pearls Holdings Ltd.

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Arafura Pearls Holdings Limited is an Australia-based company. The Company is engaged in the development and operation of a pearl oyster hatchery and farming operation. During the fiscal year ended June 31, 2010, the Company’s activities consists of development and operation of a pearl oyster hatchery and farming operation at Elizabeth Bay in the Northern Territory, together with the management of pearl oyster farming operations at Beagle Bay in the north west region of Western Australia. Arafura Pearls land base is located at Elizabeth Bay and is 48 kilometers by sea, north-west of Nhulunbuy (Gove) in Arnhem Land, in the Northern Territory. The Company’s subsidiaries include Arafura Securities Ltd, Pearl Management Australia Pty Ltd, Arafura Pearls Pty Ltd and Arafura Pearls Licensing Pty Ltd.

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Heineken nets Tiger beer in Asia drive

SEP 28, 2012

Shareholders of Singapore-based conglomerate Fraser & Neave agreed on Friday to sell to Heineken their 39.7 per cent stake in Asian Pacific Breweries (APB), the owner of Tiger and other popular Asian brands.

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Under the deal, the Dutch brewer will buy the stake in APB owned by Singapore-based conglomerate Fraser & Neave Ltd for $4.31 billion.

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