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ThaiBev seeks 'right time' to address FCL stake

Drinks maker wants to focus purely on F&B business, says CEO

Published Fri, May 22, 2015 · 09:50 PM

    Singapore

    DRINKS maker Thai Beverage Public Co is waiting for the right time to address its substantial but non-core stake in property company Frasers Centrepoint Ltd (FCL), ThaiBev chief executive Thapana Sirivadhanabhakdi said on Friday.

    The company also plans to ramp up marketing and promotion efforts in its non-alcoholic beverage business, and continues to be open to acquisition opportunities, Mr Thapana told reporters at a briefing.

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