Myanmar Army Conglomerate Says It Has Won Beer Spat With Singapore’s F&N

SINGAPORE — A military-linked Burmese conglomerate said it has won an arbitration case against Singapore’s Fraser and Neave Ltd (F&N) that will give it the right to buy the latter’s stake in Myanmar’s biggest brewery. Union of Myanma Economic Holdings Limited (UMEHL) said in a statement on Friday that a panel of two unnamed Singapore […]

Arbitration on tap for Myanmar Brewery owner

The Myanmar Brewery ownership dispute has further escalated after Singaporean company Fraser and Neave said it received a Notice of Arbitration from its local partner last week. Military-owned partner Union of Myanma Economic Holdings Limited (UMEHL) is seeking to force the foreign firm to sell its majority stake to UMEHL over an alleged breach of […]