*F&N*

F&N: 57% owned Msian listed subsidiary, F&N Berhad concludes divestment of Malaya Glass Products for US$258m. F&N Bhd to record gain to RM350m, or RM0.98/sh. Hints that cash reserve of over RM1bn plus another RM1bn of borrowing capacity to be used for future acquisitions over next 12-24 months, or could be returned to sh/h if no investment opportunities are found.