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ThaiBev on way to become the dominant regional beverage player: DBS

Samantha Chiew
Samantha Chiew6/10/2019 03:06 PM GMT+08  • 3 min read
ThaiBev on way to become the dominant regional beverage player: DBS
SINGAPORE (June 10): DBS Equities Research continues to rate Thai Beverage (ThaiBev) at “buy” with an unchanged target price of 91 cents.
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SINGAPORE (June 10): DBS Equities Research continues to rate Thai Beverage (ThaiBev) at “buy” with an unchanged target price of 91 cents.

DBS recently took ThaiBev on a week-long non-deal roadshow to meet European investors, which saw the group reaffirmed its regionalisation strategy, instilling confidence in the research house that it is evolving into a leading regional beverage player in Southeast Asia.

ThaiBev continues to leverage on its dominant Thai domestic alcohol operations for strong cashflow support, as it pursues its regional expansion, namely in Vietnam and Myanmar.

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