Thailand's leading producer of beer and whisky, Thai Beverages, is planning to launch an IPO aimed at generating 30 billion baht (US$756m), after the next general election.

Reuters reported today that SCB Securities would be advising on the deal.

Thai Beverages is one of a number of companies that have delayed IPO's in the hope that a general election will trigger an improvement in the economy.

Reuters quoted a senior official of SCB Securities as saying that the Thai Beverage IPO would be launched no later than the second quarter.

"We are trying to make it in the first quarter. If the company's restructuring takes more time, the IPO would be delayed to April, but no later than the second quarter," he said.