BANGKOK: Thailand’s richest person Charoen Sirivadhanabhakdi is seeking to realign his sprawling business empire along clearer lines, as the beverage giant he founded exits a property firm he also controls.
Thai Beverage Pcl (ThaiBev) will offload its entire stake in Singapore-based Frasers Property Ltd to an asset holding company also owned by the billionaire, a Singapore stock exchange filing showed yesterday.
