Company Profile
Thai Beverage Public Company Limited (“ThaiBev”) was incorporated in Thailand in October 2003 in order to consolidate Thailand’s leading beer and spirits businesses owned by the principal shareholders and their business associates under a single holding company. ThaiBev was subsequently listed on the Singapore Exchange (“SGX”) on May 30, 2006. The listing was the largest in Singapore in ten years, raising US$1.574 billion (or Baht 38.08 billion) and received great interest.
The major substantial shareholder in ThaiBev is Mr. Charoen Sirivadhanabhakdi, family and associates, who own approximately 64.94% of the company’s paid-up share capital (as of December 31 2007), the rest being held by private groups, investment institutions and retail investors.
Not only is ThaiBev Thailand’s largest alcohol beverages producer, it is also one of Southeast Asia’s largest, though today 96.4% of its revenues are generated in Thailand.
Since listing, ThaiBev has implemented a strategy to allow it to expand overseas. To this end, its wholly-owned subsidiary, International Beverage Holdings Limited (“IBHL”) is charged with this task. To date, IBHL has set up sales offices in 6 countries and commenced active promotion of sales to countries like the USA, UK, Australia, and others of two of ThaiBev’s products, Chang Beer and Mekhong rum. Expansion will also include whiskies made in Scotland by IBHL’s subsidiary Inver House.