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Thai Beverage's latest acquisition keeps it on track to fulfil 'Vison 2020'

Samantha Chiew
Samantha Chiew10/16/2017 09:41 AM GMT+08  • 2 min read
Thai Beverage's latest acquisition keeps it on track to fulfil 'Vison 2020'
SINGAPORE (Oct 16): RHB is maintaining its “buy” call on Thai Beverage (ThaiBev) with a target price of $1.12.
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SINGAPORE (Oct 16): RHB is maintaining its “buy” call on Thai Beverage (ThaiBev) with a target price of $1.12.

This comes on the back of the group’s acquisition of a 75% stake in two Grand Royal spirits production facilities – Myanmar Supply Chain (MSC) and Myanmar Distillery (MDC) — for a total consideration of US$742 million ($1 billion).


See: Thai Beverage acquires Grand Royal distilleries in Myanmar for $1 bil

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