Japan’s Asahi Group Holdings and Kirin Holdings are considering bidding for shares of Vietnamese state-owned brewer Saigon Beer Alcohol Beverage, in an auction that could come as soon as next month. (more…)
Total paid-up capital now amounts to $72.3m.
Thai Beverage (ThaiBev) announced that it has completed the increase in the issued and paid-up share capital worth $5.6m into its subsidiary, InterBev (Singapore). (more…)
The beer business is booming in Vietnam, and the country’s two largest domestic brewers are soon to be up for sale, including to international investors. (more…)
Giving into the government’s urging, Vietnam’s two leading beer producers Hanoi Beer, Alcohol and Beverage JSC (Habeco) and Saigon Beer, Alcohol and Beverage JSC (Sabeco) have both registered to list their shares on stock exchanges and received approval. (more…)
SHC recalls licences of wine shops throughout the province, observes Section 17 of Prohibition (enforcement of Hadd) Order, 1979 does not allow sale of liquor throughout the year. (more…)
A few years back, burglars snatched away ₹ five lakhs from an employee who was on his way to the bank. Though the police arrested the culprits later, the Bevco management blamed the employee for negligence and initiated punitive measures. (more…)
The VACB probing the alleged irregularities in the issuance of beer and wine parlour license interrogated former Excise Minister K Babu on Monday in connection with the case. (more…)
One hot Saturday afternoon mid-September, Li Hao, a 29-year-old researcher with a chemical company in Shanghai, binged on a dozen varieties of craft beer. He helped himself to all those drinks at a beer fair at Pudong Kerry Center in Shanghai. More than 50 stalls were selling hundreds of brands, both global and local. Li wished he had a pair of bellies to take them all in.
The third-largest company in the world’s biggest Buddhist-majority country is ThaiBev, which makes its money selling rum and beer to a population whose religious texts exhort them to abstain from alcohol. (more…)
After a six week initial public offering, Victorian beer firm Broo has announced it has raised $10.5 million and can now list on the ASX.
The move is part of broader strategy to target the biggest beer market in the world, China. (more…)