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Milestones

Significant events in the Company's business are set out below:

October 1977 Acquisition of Sangsom Co.,Ltd. to produce Sangsom rum
May 1983 Successfully bid for concessions offered by the Government to build and operate 12 distilleries in Thailand
April 1986 Spirits business was merged with Sura Maharasadorn Group
July 1988 Acquisition of Red Bull Distillery (1988) Co.,Ltd.
May 1994 Bang Ban brewery commenced operations
March 1995 Joint Venture between Carlsberg A/S and Chang Beer was launched in Thailand
July 1998 Acquisition of United Winery and Distillery Co.,Ltd
December 1998 Chang Beer became a market leader with approximately 54% market share of beer produced in Thailand
July 1999 Acquisition of Bang Ban brewery from joint venture with Carlsberg A/S
January 2000 Acquisition of 12 distilleries from the Government
October 2001 Kampaengphet brewery commenced operations
August 2002 Acquisition of Thai Alcohol Public Company Limited
October 2003 Thai Beverage was established as a holding company for all the subsidiaries
June 2004 Expansion of Kamphaengphet brewery commenced
May 2006 Thai Beverage successfully listed in the SGX-ST
October 2006 Acquisition of distillery assets from Sin Surang Karn Sura Co.,Ltd.
October 2006 Acquisition of PSUK, acquisition of BSHK
September 2007 Acquisition of United Products Company Limited and SPM Foods and Beverages Company Limited
January 2008 Acquisition of energy drink and ready-to-drink coffee assets from Wrangyer Beverage Company Limited
Sep-Nov 2008 Acquisition of 43.9% of Oishi in Sept; 89.9% following a tender offer in Nov, for a total cost of 6.24 billion Baht
November 2009 Acquisition of Yunnan Yulinquan Liquor in China
October 2011 Acquisition of 64.66% of equity interest of Sermsuk Public Company Limited
February 2012 Acquisition of 28.6% of Fraser and Neave, Limited shares
September 2013 ThaiBev was bestowed a royal warrant by King Bhumibol Adulyadej
November 2014 ThaiBev unveiled "Vision 2020", a six-year strategic roadmap for the Group's companies
August 2015 Chang Beer's 20th Anniversary introduced a new look of "Chang Classic Beer" in emerald green bottle
April 2016 Food of Asia Co., Ltd., a subsidiary of ThaiBev, entered into a 70-30 joint venture with Mei-Xin (International) Limited to incorporate Max Asia Co., Ltd, which engages in the bakery business in Thailand
July 2016 ThaiBev joined the Pracharath Project, which is a collaboration between the Thai government, the Thai Chamber of Commerce, the Federation of Thai Industries, and the Thai Bankers’ Association, to drive the economy on both national and provincial levels
September 2016 ThaiBev was included in the Dow Jones Sustainability Indices (DJSI) family, becoming a component of the DJSI Emerging Markets Indexs
September 2016 “Rock Mountain”, a soda water produced at lower temperatures using cold infusion technology to better retain the fizziness of the beverage, was introduced into the market