sabeco targets 50 per cent market share this year

Sabeco targets 50 per cent market share this year

After acquiring 53.56 per cent stake in Saigon Beer, Alcohol and Beverage Corporation (Sabeco), ThaiBev announced plans to sell between 1.85 and 2 billion litres of beer and increase Sabeco’s market share to 50 per cent this year.
thaibev to receive 53 million from sabeco dividends

ThaiBev to receive $53 million from Sabeco dividends

Thai billionaire Charoen Sirivadhanabakdi, the owner of ThaiBev, will receive VND1.2 trillion ($52.84 million) from the dividend payment of Saigon Beer, Alcohol and Beverage Corporation (Sabeco), only a short while after his company completed the purchase of nearly 54 per cent stake in Sabeco.
thaibev finances sabeco acquisition from loans

ThaiBev finances Sabeco acquisition from loans

The entire VND110 trillion ($4.9 billion) that Vietnam Beverage Co., Ltd. spent buying 343.6 million shares of Saigon Beer, Alcohol and Beverage Corporation (Sabeco), equivalent to 53.58 per cent, came from loans.
moit announces next batch of hot ma opportunities

MoIT announces next batch of hot M&A opportunities

On the heels of the billion-dollar auction of Sabeco, the Ministry of Industry and Trade (MoIT) has just released a list of 10 large enterprises in the industry and trade sectors to conduct state divestment in 2018, attracting the attention of foreign and domestic investors.
thaibev submits official report on sabeco acquisition

ThaiBev submits official report on Sabeco acquisition

In a report to the Singapore Exchange, Thailand Beverage (ThaiBev) mentioned the acquisition deal of Sabeco and said Vietnam Beverage is expected to complete the payment to the Vietnamese Ministry of Industry and Trade on December 28, 2017.
sabeco drags vn index down

Sabeco drags VN-Index down

HCM City's shares opened Tuesday's morning trade in positive territory, but a slump by brewer Sabeco (SAB) dragged the VN-Index and had a negative impact on the overall market condition.
thai beverage wins sabeco auction

Thai Beverage wins Sabeco auction

A Vietnamese affiliate of Thai Beverage has bought 53 per cent of Sabeco in today’s auction, together with a Vietnamese individual who owns another 0.003 per cent of Vietnam’s leading brewery.
all eyes on sabeco shares

All eyes on Sabeco shares

Vietnamese shares are expected to move marginally in the last two trading weeks of 2017 as investors take a rest, however the selling of brewer Sabeco shares should give a short boost to the market.
thaibev set to buy 51 per cent of sabeco through vietnamese unit

ThaiBev set to buy 51 per cent of Sabeco through Vietnamese unit

Thai Beverage will bid as a domestic investor in the Sabeco stake sale as it aims to dodge the foreign ownership limit in Vietnam's leading brewery.
markets buoyed by sabeco news

Markets buoyed by Sabeco news

Shares performed well on the HCM Stock Exchange on Tuesday on the efforts of energy and beverage stocks following news about the State’s divestment from largest brewer Sabeco and a jump in oil prices.
vn stocks extend losses sabeco advances

VN stocks extend losses, Sabeco advances

Shares failed to recover from Monday’s plummet, despite efforts made by beverage firms in which the State holds a majority stake.
thai beverage bids on 25 per cent of sabeco

Thai Beverage bids on 25 per cent of Sabeco

Thai Beverage has emerged as the only investor that intends to buy more than 25 per cent of Vietnam’s leading brewery Saigon Beer.
sabeco vinamilk fuel vn index

Sabeco, Vinamilk fuel VN-Index

Large-cap stocks continued to grow strongly on Monday morning, lifting the VN-Index up 1.1 per cent to 970.81 points.
sabeco offers 39 per cent stake to foreign investors

Sabeco offers 39 per cent stake to foreign investors

Foreign investors are permitted to own a maximum of 38.59 per cent from the 53.59 per cent stake in Saigon Beer, Alcohol and Beverage Corporation (Sabeco) that the Ministry of Industry and Trade (MoIT) will officially put on sale on December 18.
sabeco towering over stock market

Sabeco towering over stock market

The value of Saigon Beer, Alcohol, and Beverage Company (Sabeco)’s shares flew to a new record, surpassing VND300,000 ($13.21) apiece to become the largest value ticker on the Vietnamese stock exchanges.