Thai Bev to sell 20% of regional beer business in mega Singapore IPO

Thai Bev to sell 20% of regional beer business in mega Singapore IPO

Singapore Exchange REUTERS/Edgar Su

Thai Beverage, controlled by one of Thailand’s richest men, plans to sell a 20% stake in its regional beer business via a Singapore listing, in what is set to be the largest initial public offering in the city-state in nearly a decade.