Thai Beverage Public Co (SG:Y92) has released an update.
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Thai Beverage’s subsidiary, So Water, has successfully completed a tender offer, acquiring 99.19% of Sermsuk Public Company Limited’s shares, paving the way for its delisting from the Stock Exchange of Thailand. This move marks a significant consolidation for Thai Beverage in the beverage market, appealing to investors interested in strategic corporate maneuvers.
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