Agencies get nod for Thai Bev mega-listing

Thai Beverage has formally launched an initial public offering (IPO) in Singapore, with Gavin Anderson and SparkFury handling investor relations and creative duties respectively. <BR><BR> The IPO is aiming to raise as much as US$1.1 billion, which would make it the biggest listing in Singapore since SingTel's in 1993. The company chose Singapore after shelving plans for a Thailand IPO following anti-alcohol protests in its home country. Best known as the brewer of the iconic Chang Beer, Thai Beverage dominates Thailand's alcohol sector.