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Thai Beverage Finalizes Strategic Share Swap

Thai Beverage Finalizes Strategic Share Swap

Frasers Property (SG:TQ5) has released an update.

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Thai Beverage Public Company Limited has announced the successful completion of a share swap on September 20, 2024, transforming it into the holding company for Fraser and Neave and its subsidiaries. The deal also resulted in Thai Beverage and its indirect wholly-owned subsidiary InterBev Investment Limited relinquishing all interest in Frasers Property Limited.

For further insights into SG:TQ5 stock, check out TipRanks’ Stock Analysis page.

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