Thai drinks firm plans Singapore IPO for coconut water exporterAn SGX sign is pictured at Singapore's stock exchange. (File photo: Reuters)Thai drinks maker General Beverage Co Ltd is planning a Singapore initial public offering (IPO) for a unit that distributes its brands including IF coconut water overseas, according to people familiar with the matter. General Beverage has submitted an application to list on the Singapore stock exchange's Catalist platform, the people said. A representative for Singapore's stock exchange declined to comment. First-time share sales have been subdued in many markets, and Singapore is no exception.

Source: Bangkok Post May 08, 2024 03:08 UTC