Thai Beverage, better known as ThaiBev, 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. Wikipedia