Thai Beverage PCL

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F&N jumps on Thai Starbucks deal

SINGAPORE (May 24): Shares of Fraser and Neave got a jolt of caffeine after the company, controlled by Thailand’s richest man, announced plans to enter the Thai coffee market.

ThaiBev named world's cheapest alcohol stock by Goldman

SINGAPORE (Sept 4): Thai Beverage Pcl has earned the title of the world’s “cheapest alcohol name” at Goldman Sachs, as the Bangkok-based brewer is now the worst performer in its consumer stocks coverage.

ThaiBev representatives join Sabeco beer board

(April 23): Shareholders of Vietnam's largest brewer Sabeco voted to add three representatives of Thai Beverage to its management board, a Sabeco source and local media said.

Broker's Calls

ThaiBev’s dampened spirits

SINGAPORE (Nov 21): CIMB has maintained its “add” recommendation for Thai Beverage despite a rather disappointing result from 3QFY16.

F&N appoints new CEOs for beer and food businesses

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

AB InBev, Asahi among suitors for Vietnam's biggest brewery

HO CHI MINH CITY (Sept 8): The world's largest brewers from Europe to Asia are lining up for a chance to buy a stake in Vietnam's top beer-maker, in a deal worth at least US$1.8 billion ($2.4 billion) as consumption in the South-east Asian country

Broker's Calls

Chang is finally changing ThaiBev’s fortunes

SINGAPORE (Sept 5): CIMB is maintaining its “add” recommendation for Thai Beverage and raising its target price to $1.14 from 92 cents after the group’s rebranding exercise for Chang beer last August successfully boosted the group’s overall earnin

Foreign beermakers fight for more of Vietnam’s thriving market

(Aug 29): Heineken NV’s expansion of its production in Vietnam by taking over a brewery from rival Carlsberg A/S highlights growing interest by global beer brands to quench the thirst of about 70 million locals in one of the world’s fastest-growing ec
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