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ThaiBev rallies after group confirms plans to list brewery unit

Counter is Friday's top gainer on STI; firm sees "significant growth potential" in beer business

Michelle Zhu
Published Fri, Feb 5, 2021 · 09:50 PM

    Singapore

    SHARES of Thai Beverage (ThaiBev) surged on Friday, rising 2.5 Singapore cents or 3.1 per cent to close at 82 cents, with the counter emerging as the top gainer on the Straits Times Index for the day.

    The counter had earlier traded as high as 83 cents, or up 4.4 per cent, with some 41.3 million shares worth around S$34 million changing hands during the day.

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