Chang beer

Thai Beverage, better known as ThaiBev (SGX: Y92 ), is Thailand's largest and one of Southeast Asia's largest beverage companies, with distilleries in Thailand, UK, and China. It is owned by Thai Chinese billionaire business magnate Charoen Sirivadhanabhakdi. Listed on the Singapore Stock Exchange, Thai Beverage plc has a market capitalization in excess of US$13 billion. In 2004, the firm announced it had succeeded in a US$11.2 billion deal to take over the conglomerate Fraser and Neave, adding to the group's portfolio of assets. ThaiBev was founded on 29 October 2003 with the consolidation of 58 beer and spirits businesses, among them Chang beer, second in the beer market after Singha. ThaiBev brands include green-tea beverage Oishi and Est, a cola. The Sirivadhanabhakdi family's stake in Thai Beverage is around 30%. Charoen is chairman and his son Thapana serves as president and CEO. Thai Beverage is listed on the Singapore stock exchange as the Stock Exchange of Thailand (SET) prohibits the listing of alcohol-related stocks.

Source: Wikipedia