Japanese beverage giant Kirin Holdings plans to sell its shares in Myanmar Brewery to the joint venture, giving its local partner Myanma Economic Holdings Plc. 100% control of the company.
Campaign group Justice for Myanmar has criticised Kirin Holding's 'irresponsible' exit from the Myanmar market and the way it has given complete control of Myanmar Brewery to Myanma Economic Holdings Limited (MEHL).
Japanese beverage giant Kirin Holdings plans to sell its stake in Myanmar Brewery to the joint venture, leaving its partner Myanma Economic Holdings Plc. in 100% control of the company.
BANGKOK Kirin Holdings will sell its shares in Myanmar Brewery to the joint venture, giving its local partner Myanma Economic Holdings Plc. 100 percent control of the company, the Japanese beverage giant said in a statement Thursday.