The Stock Exchange of Thailand (SET) has remained firm in its plan to have the country's three largest alcohol producers float shares on the Thai bourse, projecting that Thai Beverage Plc (ThaiBev) will become the first to list as early as this year. SET chairman Kitipong Urapeepatanapong said that alcohol producers are large-scale, highly profitable businesses that remain underrepresented in Thailand's equity market. Alcohol producers would be a new growth engine for the Thai stock market," said Mr Kitipong, noting that such businesses are widely accepted and actively traded on major stock exchanges worldwide. Beyond ThaiBev, SET has also approached Boon Rawd Brewery, the producer of Singha beer, Thailand's oldest beer manufacturers and one of its largest. While Boon Rawd may require additional corporate restructuring, Mr Kitipong believes it could be ready for a listing within three years.

Source: Bangkok Post January 19, 2026 23:29 UTC