Corporate digest

Thai Beverage Public Company

LIQUOR producer Red Bull Distillery (1988) Co and two other subsidiaries of ThaiBev have acquired the entire stake in property rental and development firm Sub Permpoon 8 Co for 1.03 billion baht (S$45.8 million). Sub Permpoon 8 owns plots of land which Red Bull Distillery has been renting and using for its distillery slop treatment pond, wastewater treatment pond and buffer zone. Following the share transfers, Red Bull Distillery will continue to use the land for those activities.

Broadway Industrial Group