CEO and President of Thai Beverage (ThaiBev) Thapana Sirivadhanabhakdi has spoken highly of the Vietnamese Government’s measures to curb the spread of COVID-19 and pledged to support Vietnam in the fight.
The Ministry of Industry and Trade (MoIT) denied rumours that it planned to buy shares of Saigon Beer Alcohol and Beverage Company (Sabeco) shares (SAB).
Thailand’s biggest drinks company Thai Beverage (ThaiBev) will allocate 7 billion THB (about 230 million USD) next year to renovate 25-year-old breweries and increase sales from all beverages in populous ASEAN countries in the next six years.
The Saigon Beer-Alcohol-Beverage Corporation (Sabeco) will pay every shareholder 1,500 VND (0.06 USD) per share, or a 15 percent cash dividend rate, to complete its 2018 dividend plan.
The value of the merger and acquisition (M&A) deals in Vietnam reached 5.43 billion USD in the first seven months of this year, according to data released on July 23 by the AVM Vietnam, a co-organiser of the Vietnam M&A Forum 2019.
Prime Minister Nguyen Xuan Phuc lauded Thai Beverage Public Company Limited (ThaiBev) for doing business in Vietnam over the past years during a reception for its Chairman Charoen Sirivadhanabhakdi on June 16 in Bangkok, Thailand.
The Saigon Beer Alcohol Beverage Corporation (Sabeco) appointed a new management board at an extraordinary shareholders’ meeting on April 23, following Thai Beverage Public (ThaiBev)’s acquisition of a 53.59 percent stake in the State brewer last year.
The Ministry of Industry and Trade (MoIT) has requested the Saigon Beer-Alcohol-Beverage Corporation (Sabeco) to hold an extraordinary shareholders’ meeting to review personnel matters.
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