SINGAPORE (Sept 5): CIMB is maintaining its “add” recommendation for Thai Beverage and raising its target price to $1.14 from 92 cents after the group’s rebranding exercise for Chang beer last August successfully boosted the group’s overall earnings in 2QFY16.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $4.99/month*

The latest reporting and analysis from business and investments to news and views on social issues.


  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply