Headline: Serm Suk eyes bigger stake in beverage company
Serm Suk Plc, the local bottler of Pepsi, is in talks to buy a larger stake in Yeo soya bean milk in Thailand from billionaire Ng Teng Fong of Singapore. Sources said Somchai Bulsook, the chief executive of Serm Suk, was negotiating to acquire an undisclosed share of Ng's interest in Serm Suk YHS Beverage, the Bangkok-based joint-venture that markets Yeo. Ng has a 49 per cent stake in Serm Suk YHS Beverage, while Serm Suk holds 51 per cent.
