ThaiBev acquires 75% stake in Thai food logistics services group for S$10.1 mil
28 Feb 2018, 10:37 pm
SINGAPORE (Feb 28): Thai Beverage (ThaiBev) announced that its wholly-owned subsidiary, Thai Beverage Logistics, has acquired from a third party vendor 954,750 ordinary shares in Havi Logistics, representing about 75% stake for 240 million baht (S$10.1 million).
Havi Logistics is a Thai-based company that operates logistics businesses for food services with expertise in cold chain logistics and multi-temperature food distribution technology.
Following the completion of the acquisition, Havi Logistics will be...(click on link for full story on theedgesingapore.com)
- Intel, TSMC tentatively agree to form chipmaking joint venture — report
- Greatech down nearly 9% after being flagged as biggest loser in tech following Trump’s new tariffs
- Trump tariffs sow fears of trade wars, recession and a US$2,300 iPhone
- Trump open to tariff cuts in return for ‘phenomenal’ offers
- Trump administration sued over Chinese import tariffs
- China hits back at Trump’s tariffs with 34% duties on US goods
- Solar panel installer Verdant Solar seeks ACE IPO
- 'Free Le Pen!' Trump, Musk and Vance voice support for French far-right leader
- Taiwan unveils US$8.7 bil in help for companies to deal with US tariffs
- King consents to appointment of new Malaysian ambassador to US
Print
Text Size
Share