BANGKOK -- Thai Beverage, known for its ubiquitous Chang beer, confirmed on Oct. 3 that it has gained control of the management board of Vietnam's Saigon Beer-Alcohol-Beverage Corp. (Sabeco).
ThaiBev will now have a freer hand in expanding its business overseas and it will also now be able to reform Sabeco, brewer of Saigon beer, to make it a more efficient company.
