MEHL accepts US$560m valuation of F&N’s stake in Myanmar Brewery

SINGAPORE: The Myanma Economic Holdings (MEHL) has accepted the US$560 million (S$776 million) valuation of Fraser & Neave’s (F&N) 55 per cent stake in Myanmar Brewery, the Singapore-listed company said on Wednesday (Aug 5). In a filing on the Singapore Exchange, F&N said its Myanmar partner in the brewery confirmed the sale at that price, […]

F&N, MEHL differ over fair value for Myanmar Brewery

SINGAPORE – A lengthy dispute between the two stakeholders in Myanmar Brewery (MBL) is set to go on even longer with the parties in conflict over the amount to be paid for Fraser & Neave (F&N)’s stake in the firm. An independent valuer had said on Tuesday that the fair value of F&N’s holding is […]