Thai Beverage Public Firm Restricted (TBVPF) This fall 2024 Earnings Name Transcript
Thai Beverage Public Firm Restricted (OTCPK:TBVPF) This fall 2024 Earnings Convention Name November 21, 2024 6:30 AM ET
Firm Contributors
Namfon Aungsutornrungsi – Head of IR
Lester Tan Teck Chuan – Chief Beer Enterprise, Thailand
Prapakon Thongtheppairot – Group CFO
Kosit Suksingha – President & Group COO, Chief Digital & Tech, Drinks Product Grp-Thai and EVP
Michael Lau Hwai Keong – Director
Ueychai Tantha-Obhas – Director
Convention Name Contributors
Llelleythan Tan – UOB Kay Hian Analysis
Zheng Feng Chee – DBS
Xuan Tan – Goldman Sachs
Thitithep Nophaket – Phatra Monetary Group
Paul Chew – Phillip Securities
Divya Gangahar – Morgan Stanley
Andy Sim – DBS
Selviana Aripin – HSBC
Bernice Chew – UBS
Operator
Good night, everybody, and thanks for becoming a member of the Thai Beverage Fiscal Yr 2024 Outcomes Name. All contributors have been positioned in listen-only mode. Later, we are going to conduct a question-and-answer session, and directions shall be given at the moment.
I’ll now hand over the decision to the presenters Ms. Namfon Aungsutornrungsi, ThaiBev’s Head of Investor Relations; and the members ThaiBev’s senior administration group. Thanks.
Namfon Aungsutornrungsi
Good night, girls and gents. Welcome to ThaiBev’s full yr 2024 ended thirtieth of September 2024 monetary outcomes convention name. I’m Namfon Aungsutornrungsi, Head of Investor Relations. For the decision tonight, I’ll begin with a abstract of the complete yr outcomes. Then we are going to open the road for Q&A with our administration group right here.
For the abstract of the complete yr outcomes, on twenty eighth of September 2024 InterBev Funding Restricted or IBIL, and oblique wholly-owned subsidiary of ThaiBev accomplished a share swap transaction with TCC Property Restricted or TCCAL. The transaction resulted in a rise in IBIL’s share curiosity in Fraser and Neave Restricted shares from 28.31% to 69.64%, making ThaiBev the holding firm of F&N and search to carry any
