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/oue-resumes-share-buybacks-wing-tai-chairmans-wife-actively-buying?utm_source=website&utm_medium=article&utm_campaign=ONPAGESEO'>OUE resumes share buybacks; Wing Tai chairman's wife actively buying</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.

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

Data is the new oil but is it as dirty?

'Transition credits' could sweeten deal for early retirement of coal-fired power plants: MAS, McKinsey paper

DPM Lawrence Wong appointed as GIC’s deputy chairman

Will the Rising Sun keep rising?

Fed signals higher-for-longer rates with hikes almost finished

Jamie Dimon’s 7% rates may come even without the Fed's help

A mild retreat by risk-free rates won’t help equities to rally 

RHB pegs ISOTeam’s TP at 5 cents after rights issuance

Safeguarding crypto investments through interoperability

Tech news in less than 5 minutes – October 2023

Double clicking on getting the most out of generative AI with Google Cloud

Vietnam aims for 6% growth this year in best-case scenario

Tycoons Oei and Goi back mm2 Asia's 1-for-2 rights issue

Three Arrows Capital's Zhu arrested while trying to leave via Changi Airport

For the globetrotter, the World Is Yours Dual Timezone by Jacob & Co is an absolute essential

The Powder Shampoo’s Lynn Tan reflects on a year of eco-conscious success and challenges

A massage and a meal

Should you consider diversifying beyond public markets? 

The Fed has rained on the parade, but investing locally retains its positives

Where are the Chinese when you need them?

Keppel Corp seeks name change to 'Keppel' to reflect new structure

Mapletree’s group of REITs are a ‘great place to be in’, says DBS

Why it’s worth taking a closer look at Keppel REIT’s portfolio

Boustead Singapore is 'big, bold and beautiful', says OCBC

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

Related News

Highlights

Data is the new oil but is it as dirty?

Related News

Thai Bev Ebitda for 9MFY2023 dips despite higher revenue on higher costs

KGI reiterates 'buy' call on Thai Beverage, citing favourable post-election environment

Boutique brewers in Thailand to gain market share