F&N

Fraser & Neave Ltd. The property developer and brewer said its Times Publishing Ltd. unit agreed to sell 60% of Shenyang Times Packaging Printing Co. for S$12.5 million ($8.9 million). F&N lost 1.4% to S$4.78. Prices are trading in an uptrend with a test of resistance at 5.10(52 wks high) Short term support at 4.70