Wee Joo Yeow, an independent director of Thai Beverage Public Company, has snapped up 100,000 shares on June 7 at 55 cents each.

Wee, who was appointed to this role on Jan 2021, previously held 90,000 Thai Bev shares.

At 55 cents, which is also the closing price on June 7, Thai Bev is trading at a level last seen in March 2020, when the pandemic just broke out.

In its 1QFY2023 business update for the three months ended Dec 2022, the company said it has enjoyed higher revenue in line with post-pandemic re-opening, although ebitda was down because of higher marketing and material costs.

<span class='see_also_inread'><b>See also: <a class='gtm_see_also_1_inread' style='text-decoration: underline;' href='/capital/insider-moves/sarine-technologies-starts-buybacks-fund-raises-stake-uol-group?utm_source=website&utm_medium=article&utm_campaign=ONPAGESEO'>Sarine Technologies starts buybacks; Fund raises stake in UOL Group</a></b></span>

For the quarter, sales was up 4.9% y-o-y to THB 81 billion ($3.18 billion) while ebtida was down 7.7% y-o-y to THB 13.5 billion.

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ThaiBev ID Wee gulps 100,000 shares as price dips to pandemic-low

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