Thai Beverage PLC (ThaiBev)

SINGAPORE (Aug 15): DBS Group Research is keeping Thai Beverage at “buy” with target price of 94 cents saying the group’s potential of evolving into a regional beverage player remains intact although its share price is expected to remain volatile gi

SINGAPORE (Aug 14) Thai Beverage PLC reported weaker than expected 3Q earnings of THB 6 billion ($248 million) which was 60.7% lower compared to a year ago.

SINGAPORE (June 25): The Singapore stock market has been spooked by a few events recently, including US-China trade wars and Opec’s tussle with expanding oil production.

SINGAPORE (May 17): The Fifa World Cup competition is expected to boost on-trade sales and consumption of Thai Beverage’s beers, not only in the kingdom but also in Vietnam, say analysts.

HO CHI MINH CITY/SINGAPORE (Dec 17): Vietnam's trade ministry said on Sunday that Vietnam Beverage Co, a unit of Thai Beverage, was the only investor seeking to buy all shares of Vietnamese brewer Sabeco on offer worth nearly US$5 billion ($6.75 billi

SINGAPORE (Oct 3): Thai Beverage’s wholly owned subsidiary Food of Asia Co. has acquired a 76% stake in Spice of Asia for THB114.5 million ($4.7 million).

SINGAPORE (April 10): RHB Research Institute Singapore has initiated coverage on Thai Beverage with a “buy” recommendation and a target price of $1.10.

(Oct 17): Here's an anomaly: 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.

SINGAPORE (Aug 12): OCBC Research is sticking to its “hold” call on Thai Beverage PLC (ThaiBev), cheered by continuing growth of its beer business which has maintained market share at 40% level.