Saigon Beer Company (Sabeco)

The DBS analysts believe the market is "overly pessimistic" on ThaiBev.

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 (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 23): DBS is recommending a “long-term buy” on Thai Beverage with a target price of $1.09 as it sees the F&B manufacturer morphing into a regional player that could lead to a rerating of the stock.