Thai Beverage bids for a stake in Vietnam’s largest brewers

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Estimated total deal value is $2.9B.

With Vietnam’s government proposing to sell off Saigon Beer, Alcohol, Beverage Corporation (Sabeco) and Hanoi Alcohol Beer & Beverages Corp (Habeco) for an estimated total of US$2.2b (S$2.9b), various media outlets have revealed that Thai Beverage (Thai Bev) is one of several bidders. (more…)

ThaiBev eyes stake in Vietnam’s largest brewer

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SABECO is seeking approval for stock listing.

Thai Beverage (ThaiBev) is setting its sights on a stake in Vietnam’s largest brewer SABECO (Saigon Beer, Alcohol, Beverage Corporation). (more…)

Thailand. ThaiBev looks abroad to grow

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Thai Beverage Plc (ThaiBev) will aggressively boost its business footprint in Asean through mergers and acquisitions, including a further stake in Vinamilk, Vietnam’s largest dairy producer. (more…)

ThaiBev reorganised to realise Vision 2020

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According to the company’s internal announcement on Wednesday, its board of directors has approved a new organizational structure, effective October 1, 2016, to pursue Vision 2020 aspirations in becoming a stable and sustainable ASEAN leader in beverage industry. (more…)

Thai Beverage Public Company Limited Joins In The Race To Capture Vietnam’s Beer Market

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Thai Beverage Public Company Limited (SGX: Y92) has an ambitious target of having more than 50% of its revenue coming from outside of Thailand by the year 2020. Currently, the company generates more than 90% of its revenue within Thailand. However, now it seems that the company might be able to move closer to its target as that opportunity is opening up in Vietnam. (more…)

Thailand. Red-hot ThaiBev expected to shine further

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Amid a largely tepid Singapore bourse, Thai Beverage has stood out with its frothy rise this year, attracting investors with its dominance in Thailand’s alcohol market and strong earnings growth. (more…)