Thai Beverage chief executive Thapana Sirivadhanabhakdi is seen at a press conference on Oct 5. Vietnam Beverage, ThaiBev’s domestic unit, took a 54% stake in Sabeco, as Vietnam’s largest brewer is known. Sabeco shares jumped as much as 2.8% to 317,900 dong in early trading in Vietnam on Monday. Trading in Thai Beverage shares was halted in Singapore. ThaiBev said on Wednesday that it has confidence in the “growth potential of the Vietnam market and has genuine interest in exploring investment opportunities in the country”.

Source: Bangkok Post December 18, 2017 04:06 UTC