BANGKOK (AP) Japanese beverage giant Kirin Holdings said Monday it has decided to withdraw from its joint venture in Myanmar. Kirin, owner of the San Miguel, Fat Tire and Lion brands, said its board made the decision to “urgently terminate” the partnership with Myanma Economic Holdings Plc, a military-affiliated company, after finding it would be difficult to quickly end the venture in the way Kirin wanted to.
Japanese brewery Kirin said Monday it will pull out of Myanmar after a failed bid to "terminate" its joint venture with a junta-owned company, citing human rights concerns in the South-East Asian country.