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channelnewsasia - 20 days ago

Thai Beverage defers plans for US$2 billion Singapore IPO of regional beer assets

SINGAPORE: Thai Beverage said on Friday (Apr 16) it was postponing the plan to sell a 20 per cent stake in its regional beer business through a US$2 billion Singapore listing, citing a volatile and uncertain outlook aggravated by a worsening COVID-19 pandemic. The spin-off by the company ...


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