ThaiBev

SINGAPORE (Oct 20): Singapore stocks gave up early gains on Thursday and closed marginally lower, on broadly weaker regional cues and a fall in oil prices.

SINGAPORE (Sept 22): Fraser and Neave has appointed two new CEOs for its beer and food business segments with effect from October.

SINGAPORE (Sept 14): Singapore stocks closed weaker on Wednesday, dragged downwards in the afternoon by regional losses as global markets beat a retreat. Locally, property firms and offshore marine companies were among the worst hit.

SINGAPORE (Sept 6): The Singapore market ended higher on Tuesday despite a general lack of direction in global markets.

SINGAPORE (June 24): The Brexit referendum has grabbed investors’ attention in the past week. And, we will be scrutinising the global financial markets intently to see how they will react to the aftermath. Amid this backdrop, we have identified some nov

SINGAPORE (June 16): OCBC Investment Research is downgrading its “buy” to “hold” recommendation on Thai Beverage (ThaiBev), while lifting its fair value estimate for the stock from 83 cents to 89 cents.

SINGAPORE (May 24): Soft-drinks maker Fraser & Neave will likely be fully integrated under Thai Beverage in the coming quarters as the parent of both companies, TCC, seeks to restructure its holdings, says Religare analyst Nirgunan Tirchuchelvam.

SINGAPORE (May 19): CIMB is maintaining its “add” recommendation on Thai Beverage Public Company with an unchanged target price of 92 cents as the beverage company’s beer market share gains are “only just starting to deliver.”

SINGAPORE (May 16): DBS Vickers Securities has kept its “buy” recommendation on Thai Beverage Public Company, spurred by its “runaway performance” in 1Q.