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ThaiBev dismisses media reports it plans to sell Vietnam businesses
Published Fri, May 29, 2020 · 09:50 PM
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Singapore
THAI Beverage Public Co (ThaiBev) has dismissed reports it is seeking a buyer for its businesses in Vietnam.
It said in a Friday filing after the market close that the claim, made in recent reports by news media in Vietnam, is "entirely without merit".
A key pillar of ThaiBev's Vietnamese business is Sabeco (Saigon Beer Alcohol Beverage Corporation), in which the SGX-listed company had successfully bid for a majorit…
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