SINGAPORE: ThaiBev halts trading in shares
Chang beer is among the products made by ThaiBev
ThaiBev has requested a halt to trading in the company's shares as it is gears up to make an announcement.
In a filing to the Singapore Stock Exhange today (11 April), the Bangkok-headquartered group said it was making the request “pending the release of an annoucement”, without offering more detail. The company, which brews Chang beer, is due to hold its AGM on 25 April.
In February, ThaiBev reported a sharp rise in full-year net profits in sales. Earlier this year the company secured a controlling stake in Singapore conglomerate Fraser & Neave after a drawn out battle last year for the group.
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