Swire Pacific said it has restructured the previously announced disposal of a 30 percent minority interest in its Coca-Cola bottling operation in Vietnam by terminating the original conditional transfer agreement with ThaiNamthip Corporation Public Company Limited and instead selling equity in the holding company. On 27 February 2026, Swire’s subsidiary SCCL sold 30 percent of Coca-Cola Indochina Pte. Ltd., equal to 260,020,890 shares, to ThaiNamthip Holdings Limited for about US$221.1 million, payable in cash and subject to customary post-completion adjustments, including net cash intended to be received after a reduction in the Vietnam subsidiary’s registered charter capital. Completion occurred the same day, leaving ThaiNamthip, via ThaiNamthip Holdings, with an indirect 30 percent interest in the Vietnam bottling subsidiary, and making both Coca-Cola Indochina and the Vietnam subsidiary non-wholly owned subsidiaries of Swire Pacific.

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