Thai Beverage (ThaiBev)

SINGAPORE (Dec 13): Phillip Capital and CIMB are maintaining their "buy" calls on Thai Beverage on news it is bidding for a stake in Vietnamese brewer Sabeco.

HANOI (Dec 12): A unit of Thai Beverage has emerged as the only prospective bidder for state-owned shares in Sabeco that has declared that it could lead to it owning 25% or more of Vietnam’s biggest brewer, the Trade Ministry said on Monday.

SINGAPORE (Nov 24): DBS is maintaining its “buy” call on Thai Beverage with a target price of $1.07 given the F&B player remains as one of its top picks in the large-cap consumer sector.

SINGAPORE (Nov 23): Thai Beverage, the F&B group, reported earnings of THB 34.5 billion ($1.4 billion) for FY17 ended Sept.

SINGAPORE (Oct 16): RHB is maintaining its “buy” call on Thai Beverage (ThaiBev) with a target price of $1.12.

SINGAPORE (Oct 13): DBS is maintaining its “buy” call on Thai Beverage with an unchanged target price of $1.07 as the F&B group appears to be hitting the acquisition trail again with the purchase of a 75% stake in two Myanmar production facilities for

SINGAPORE (Oct 12): Thai Beverage has acquired two spirits production facilities in Myanmar that distil, blend and bottle the Grand Royal brand of spirits.

SINGAPORE (Sept 19): OCBC is maintaining its “buy” call on Thai Beverage with a fair value estimate of $1.01 given the stock’s long-term growth prospects.

SINGAPORE (Sept 4): Singapore is well-positioned to serve integrated networks in the F&B manufacturing and processing industry, in addition to enabling capital formation through its stock market, according to Singapore Exchange (SGX) market strategist Geo

SINGAPORE (Aug 14): RHB is keeping its “buy” rating and $1.10 target price unchanged, noting that the group has maintained its market share in its key brands across all divisions despite a challenging market environment.