In this new series, we will feature one Singapore-listed company each time as a quick guide to everything you should know about it in 60 seconds.
In this instalment, we have Thai Beverage Public Company Limited (SGX: Y92). Previously, we featured ComfortDelGro Corporation Ltd (SGX: C52), a land transport giant with businesses in various countries.
What’s Thai Beverage’s Business About?
Thai Beverage, as the name might suggest, is a food and beverage company in Thailand, and the largest at that in the country. The company has four main business segments — spirits, beer, non-alcoholic beverage, and food. Some of the famous brands under Thai Beverage’s stable include Chang beer, Saigon beer, Oishi green tea, and 100PLUS isotonic drink.
As of 30 September 2018, Thai Beverage had a 28.5% stake in Fraser and Neave Limited (SGX: F99), Singapore’s long-established beverage producer and distributor, and a 28.3% stake in Frasers Property Ltd