$THAI BEVERAGE PUBLIC CO LTD(Y

2021-04-17

$THAI BEVERAGE PUBLIC CO LTD(Y92.SI)$ will defer the proposed spin-off and listing of its subsidiary BeerCo on the SGX in view of the current uncertain market conditions and volatile outlook, aggravated by the worsening Covid-19 pandemic in Thailand and other countries.

As Thailand is exposed to possible new wave of COVID, further downside as there would be restrictions imposed on alcoholic drinks.

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Klub77
2021-04-19
Klub77
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