Its shares rose as much as 17% to 49 Singapore dollars on the Singapore Exchange.
On Friday, Heineken offered to pay S$50 per share to buy the APB stake owned by Singapore-listed firm Fraser and Neave.
APB is one of the biggest brewers in Asia.
Shares of Fraser and Neave (F&N), which said that it is considering Heineken's offer, also rose 5% in early trade.
Source & Image : BBC
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