E-Malt.com News article: 1538

Beer Thai (1991), the manufacturer of market leader Chang Beer, announced on September 4 a shareholding restructuring in preparation for its listing on the Stock Exchange of Thailand within six months, Bangkokpost reported in a statement. The company reported to the SET that liquor tycoon Charoen Sirivadhanabhakdi had sold his entire 26% stake in Beer Thai to BTCL Trading. Khunying Wanna Sirivadhanabhakdi also sold her 24.99% holding in Beer Thai to BTCL Trading, giving the latter a 50.99% stake in Beer Thai overall. Beer Thai is expected to be the largest private initial public offering in local history, given its huge holdings in the beer and liquor industries.

09 September, 2003