Thai Beverage is considering an IPO for its spirits unit in Singapore, while Thai conglomerate CP Group is mulling a $1-billion IPO in Thailand for its seed and animal feed business.
ThaiBev’s 4th attempt at Singapore IPO of brewery unit
One of Southeast Asia’s leading beverage companies, Thai Beverage (ThaiBev), is considering an IPO for its spirits business in Singapore, among other options, Bloomberg News reported.