Thailand: ThaiBev requests a halt to trading in shares “pending the release of an announcement”

ThaiBev has requested a halt to trading in the company's shares as it is gears up to make an announcement.

In a filing to the Singapore Stock Exhange on April, 11, the Bangkok-headquartered group said it was making the request “pending the release of an annoucement”, without offering more detail. The company, which brews Chang beer, is due to hold its AGM on 25 April.

In February, ThaiBev reported a sharp rise in full-year net profits in sales. Earlier this year the company secured a controlling stake in Singapore conglomerate Fraser & Neave after a drawn out battle last year for the group.

12 April, 2013