May 5 (Reuters) - Thai Beverage PCL (TBEV.SI) :
<ul>
<li>UPDATES ON POTENTIAL SPIN-OFF AND LISTING OF BEERCO LIMITED</li>
<li>INTENTION FOR BEERCO LIMITED TO RESUME ITS SEEKING OF PROPOSED SPIN-OFF LISTING</li>
<li>WILL NOT BE CONVENING A GENERAL MEETING TO SEEK APPROVAL OF SHAREHOLDERS FOR PROPOSED SPIN-OFF LISTING</li>
<li>UNIT WILL CONDUCT PUBLIC OFFERING OF UP TO ABOUT 20% OF TOTAL NUMBER OF ISSUED SHARES OF BEERCO</li>
<li>INTERNATIONAL BEER SALES BUSINESS WILL CONTINUE TO BE OPERATED BY THAIBEV GROUP FOLLOWING PROPOSED SPIN-OFF LISTING</li>
<li>ANTICIPATED GROUP COULD USE PART OF PROCEEDS GENERATED FROM PROPOSED VENDOR SALE TO INTER ALIA REPAY INTEREST-BEARING DEBT</li>
<li>INTENDS TO RETAIN A SIGNIFICANT MAJORITY SHAREHOLDING IN BEERCO GROUP AFTER POTENTIAL SPIN-OFF</li>
</ul>

May 5 (Reuters) - Thai Beverage PCL (TBEV.SI) :

Thai Beverage Updates On Potential Spin-Off And Listing Of Beerco Limited