THAI Beverage Public Company made a net profit of 18.9 billion baht (S$756.3 million) in the nine months of its truncated 2016 financial year. (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 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…)
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…)
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…)
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…)
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 (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…)
Thai Beverage Plc (ThaiBev), the country’s biggest drinks company, says it is ready to pursue mergers and acquisitions on the back of its financial strength. (more…)
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…)