F&N innovates as it digests sugar tax impact

Lim Yew Hoe (L) and Tan Hock Beng posing for a photograph after the Fraser & Neave Holdings Bhd press conference - Ong Soon Hin/The Sta

KUALA LUMPUR: Fraser & Neave Holdings Bhd (F&N) will evaluate the cost of reformulating its beverage recipes against the impending sugar tax before deciding on product prices.

The company is prepared for the implementation of the sugar tax beginning April 1 although the group is still awaiting guidelines from the Finance Ministry, according to F&N chief executive officer Lim Yew Hoe