SINGAPORE: ThaiBev halts trading in shares

By | 11 April 2013

Chang beer is among the products made by ThaiBev

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.

Expert analysis

Beer in Asia-Pacific

Beer in Asia-Pacific industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2006-10, and forecast to 2015). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Essential resource for top-line data and analysis covering the Asia-Pacific beer market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

Sectors: Beer & cider, Soft drinks

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SINGAPORE: ThaiBev halts trading in shares

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