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Thai Beverage (ThaiBev)
Investing ideas
Potential spin-off and listing of ThaiBev's beer business could bring new highs
SINGAPORE (Dec 3): Something is brewing at Thai Beverage.
December 03, 2019
IPO
ThaiBev said to consider IPO of US$10 bil brewery business: Update
SINGAPORE (Nov 29): Thai Beverage is considering an initial public offering of its brewery business in what could be the biggest listing in Singapore in close to a decade, people with knowledge of the matter said. Shares of the company surged.
November 29, 2019
IPO
ThaiBev considering a Singapore IPO of US$10 bil brewery business
(Nov 29): Thai Beverage is considering an initial public offering of its brewery business in what could be the biggest listing in Singapore in close to a decade, people with knowledge of the matter said. Shares of the company surged.
November 29, 2019
Investing ideas
ThaiBev brings some cheer to analysts as full-year results signal recovery
SINGAPORE (Nov 25): A recovery seems to be in full swing for Thai Beverage.
November 25, 2019
Results
ThaiBev posts 30% rise in FY19 earnings to $1.05 bil on higher revenue
SINGAPORE (Nov 25): Thai Beverage posted a 30% jump in full-year earnings to 23.27 billion baht ($1.05 billion) for FY2019 ended September, from 17.94 billion baht a year ago.
November 25, 2019
Broker's Calls
Cheer from Budweiser Asia's listing could extend to ThaiBev via Sabeco: CGS-CIMB
SINGAPORE (Oct 3): As investors toast to the successful listing of Budweiser Brewing Co APAC – the Asian operations of the world’s largest brewer, Anheuser-Busch InBev – the cheer could extend to locally-listed Thai Beverage too.
October 03, 2019
Manufacturing
Venture, Hi-P and ThaiBev win on earnings growth, share price gain and ROE respectively
SINGAPORE (Sept 16): For all the competition from low-labour-cost locations, manufacturing remains a key pillar of Singapore’s economy. Astute manufacturers in the city state have long managed costs by setting up operations outside Singapore, while main
September 13, 2019
Investing ideas
ThaiBev poised for a turnaround, but can its shares continue to climb?
SINGAPORE (Aug 21): Things seem to be looking up for Thai Beverage.
August 21, 2019
Results
ThaiBev reports 22% rise in 3Q earnings to $302 mil on higher sale volume of spirits and soft drinks
SINGAPORE (Aug 15): Thai Beverage reported earnings rose 22% to THB6.7 billion ($302 million) in 3Q19 ended June from THB5.4 billion in 3Q18 a year ago.
August 15, 2019
Company in the news
ThaiBev under siege after Budweiser shelves IPO
(July 15): Thai Beverage PCL’s crown as top performer in Singapore this year is under siege after rival Anheuser-Busch InBev NV shelved the initial public offering of its Asian unit to raise up to US$9.8 billion ($13.3 billion).
July 15, 2019