Drinks giant Thai Beverage to resume expansion with Singapore IPO for regional beer operation
Drinks giant Thai Beverage to resume expansion with Singapore IPO for Asean regional beer operation Latest move sees the huge Thai drinks conglomerate move to power faster and deeper expansion in ASEAN and Southeast Asia to tap into a growing beer market. The driving force and founder of Thai Beverage, Charoen Sirivadhanabhakdi, has become one of the wealthiest men in the world with interests in property, brewing, food, insurance and media. Thai Beverage filed papers with the Singapore Stock Exchange this week to pursue an IPO offering for 20% of a newly spun-off regional beer and drinks jugg...
Source: thaiexaminer.com