Thai Beverage Plc, Thailand’s largest brewer and distiller, today decided to cancel its listing in the Stock Exchange of Thailand (SET) after the protests of about 300 anti-alcohol activists.
SET president Patareeya Benjapolchai told a press conference that she had received a letter from Thai Beverage, dated December 8, saying that it wishes to postpone its listing on the Thai bourse for the time being despite being invited to proceed with the listing in order to end the further disruption which could impact negatively on the country’s economy and society.
Patareeya said …