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ThaiBev
Thai billionaire Charoen Sirivadhanabhakdi’s firm to receive $52M cash dividends from brewery Sabeco

Thai billionaire Charoen Sirivadhanabhakdi’s firm to receive $52M cash dividends from brewery Sabeco

Beer producer Sabeco will pay a cash dividend of VND1.37 trillion (US$52 million) for 2025 to Thai Beverage owned by billionaire Charoen Sirivadhanabhakdi, bringing the total payout to the company in the past eight years to VND15.5 trillion.
Thailand's 3rd richest man Charoen Sirivadhanabhakdi transfers stake in beermaker ThaiBev to 5 children

Thailand's 3rd richest man Charoen Sirivadhanabhakdi transfers stake in beermaker ThaiBev to 5 children

Thai billionaire’s firm fetches $383M from Sabeco dividends over 6 years

Thai billionaire’s firm fetches $383M from Sabeco dividends over 6 years

Sabeco’s profit drops 23% in Q3

Sabeco’s profit drops 23% in Q3

Brewer Sabeco saw its post-tax profit plunge 23% year-on-year in the third quarter, landing at VND1.07 trillion ($43.54 million) so far, due to rising competition and expenses amid low demand.
October 27, 2023 | 08:00 pm PT
Beverage giant ThaiBev expands to charging stations, restaurants

Beverage giant ThaiBev expands to charging stations, restaurants

Thailand’s ThaiBev, which owns Vietnam’s biggest brewer Sabeco, will boost investments in restaurants and enter the field of electric vehicle charging stations, a Nikkei Asia report says.
December 2, 2022 | 07:12 pm PT
ThaiBev rejects rumors about selling 'crown jewel' brewer Sabeco

ThaiBev rejects rumors about selling 'crown jewel' brewer Sabeco

Thai company ThaiBev has dismissed rumors it wants to sell Vietnam’s biggest brewer Sabeco.
September 28, 2022 | 08:34 pm PT
Thai Bev to sell 20 percent of beer business in blockbuster Singapore IPO

Thai Bev to sell 20 percent of beer business in blockbuster Singapore IPO

Thai Beverage plans to sell a 20 percent stake in its regional beer business via a Singapore listing in a major initial public offering.
February 6, 2021 | 12:46 am PT
Government to sell its shares in Vietnam's largest brewer

Government to sell its shares in Vietnam's largest brewer

The government plans to sell its 36 percent stake in the country’s largest brewer, Sabeco, this year.
July 1, 2020 | 10:17 pm PT
Vietnam denies reports it is buying back brewery stake from Thai firm

Vietnam denies reports it is buying back brewery stake from Thai firm

Vietnam’s Ministry of Industry and Trade said it has no intention of reacquiring stakes in the country’s largest brewer, Sabeco, as rumored.
June 3, 2020 | 08:55 pm PT
Sabeco reports record profits

Sabeco reports record profits

Post-tax profits surged 22 percent year-on-year for Vietnam’s largest brewer Sabeco, reaching VND5.37 trillion ($231.96 million), its highest annual profit ever.
January 21, 2020 | 05:15 pm PT
Trade Ministry denies sale of top brewery shares to Chinese investors

Trade Ministry denies sale of top brewery shares to Chinese investors

Vietnam’s trade ministry, which can veto share sales by Sabeco, has confirmed that Chinese investors have not acquired shares in the nation’s largest brewery.
October 3, 2019 | 04:32 am PT
Vietnam’s biggest brewer reports surge in profits

Vietnam’s biggest brewer reports surge in profits

Sabeco reported second quarter post-tax profit of VND1.53 trillion ($66.03 million), the highest quarterly profit in three years.
July 29, 2019 | 08:48 pm PT
Thai firm tops $1 bln in H1 revenues from Vietnam

Thai firm tops $1 bln in H1 revenues from Vietnam

Thai Beverage, which owns the biggest brewer Sabeco, earned H1 revenues of VND25.3 trillion ($1.09 billion) from its Vietnam operations.
June 25, 2019 | 06:48 pm PT
Vietnam's largest brewer a foreign owned business now

Vietnam's largest brewer a foreign owned business now

After a $4.78 million debt restructuring, Vietnam's largest brewer Sabeco is now owned by a Thai company. 
January 5, 2019 | 12:24 am PT
Vietnam okays unrestricted foreign ownership of largest brewer

Vietnam okays unrestricted foreign ownership of largest brewer

Vietnam’s securities authorities have lifted any foreign ownership cap on the country’s largest brewer Sabeco.
December 5, 2018 | 05:32 pm PT
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