thai-beverage-seeks-listing-in-home-market

Thai Beverage seeks listing in home market

More than two years after its IPO, the Singapore-listed beer producer may finally achieve a dual listing that will allow it to sell shares to domestic retail investors.
October 23, 2008
Thai Beverage has announced that it intends to list in Bangkok before the end of this year û a move that would finally make it possible for Thai retail investors to buy not just the companyÆs top-selling Chang Beer and Mekhong Whiskey, but its stock as well.

Already listed in Singapore, this could make ThailandÆs leading producer of beer and spirits the second Thai company to have a dual listing after mobile phone operator Total Access Communication, which is also listed in Bangkok and Singapore.

The company, which is controlled by Charoen Sirivadhanabhaki, opted to list in Singapore in May 2006 after repeated protests by a strong religious lobby made it abandon its original plans...
¬ Haymarket Media Limited. All rights reserved.

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