Thai Beverage

SINGAPORE (March 23): CIMB is maintaining its “add” call on Thai Beverage with $1.07 target price, on expectations the company will take a step closer to becoming a regional beverage player once F&N and Frasers Centrepoint’s restructuring are comple

SINGAPORE (Feb 22): DBS is picking growth stocks Genting Singapore, Thai Beverage, UOB, SGX, Sheng Siong, Bumitama Agri and First Resources to benefit from the expansionary Budget 2017 and expects them to offer EPS growth of between 11% to 83%.

SINGAPORE (Jan 10): Thai Beverage is set to benefit from Thailand’s improved economic growth of between 3.3% and 3.5% for FY17, given the healthy tourism industry, domestic consumption and investment trends.

SINGAPORE (Jan 4): Thai Beverage’s Chang beer is on track to becoming the No. 1 brand in Thailand by 2020 with a market share of above 45%, predicts CIMB.

SINGAPORE (Oct 27): When Thai billionaire Charoen Sirivadhanabhakdi launched his bid for Fraser and Neave (F&N) in 2012, he might not have realised how difficult the process of gaining control of the then property and beverage group would be.

SINGAPORE (Oct 10): Singapore shares ended lower in line with most of its regional peers.

SINGAPORE (Sept 30): Boon Rawd, the brewer of Leo beer, has yet to make a move to wrest back market share won by rival Chang beer, according to Thai Beverage.

SINGAPORE (Aug 17): Fraser & Neave, the drinks-maker controlled by Thailand's richest man Charoen Sirivadhanabhakdi, is searching for acquisitions to bolster its market share in Southeast Asia after its war chest grew to nearly $1 billion with sales o

SINGAPORE (Aug 11): Thai Beverage, one of the best-performing component stocks of the Straits Times Index this year, will be rewarding shareholders with dividends of THB0.20 per share after it announced a strong set of 1H16 results on Thursday night.