, Singapore

Thai Bev reveals real purchaser of its interest in Wrangyer Beverage

It's not Serm Suk Public Company.

According to a statement released on October 15 and 16, Thai Bev stated that its Executive Committee approved in principle to divest all its interest in Wrangyer Beverage (2008) to Serm Suk Public Company Limited (SSC).

According to the resolution of the Board of Directors Meeting of SSC held on November 6, 2012, Serm Suk Hldings will be the purchaser.

Therefore, 99.99% interest of Thai Bev in Wrangyer will divest to Serm Suk Holdings in place of SSC, for flexibility of the management of SSC Group.

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