Kirin expands market share with Mandalay Brewery JV

Kirin Holdings has officially taken a stake in Mandalay Brewery, the brewer of Mandalay Lager Beer, Mandalay Strong Beer and Mandalay Spirulina Beer. Japanese brewer Kirin Holdings and military-linked Myanmar Economic Holdings Limited (MEHL) signed an agreement on the joint venture in Yangon on Monday. The JV received approval from the Myanmar Investment Commission in […]

Mandalay Brewery’s JV with Kirin approved as market heats up

THE Myanmar Investment Commission (MIC) has approved a proposal by Mandalay Brewery, which is a subsidiary of Myanma Economic Holding Limited (MEHL), to operate a joint venture (JV) with Japanese brewer Kirin Holdings. Under the JV, US$9 million will be invested to upgrade the quality of machinery and beer at Mandalay Brewery, said U Hla […]

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 […]

Thai Beverage – F&N: Trouble frothing between Myanmar Brewery partners

Myanmar Economic Holdings Ltd (MEHL) is attempting to take control of Myanmar Brewery Ltd from its Singapore-based joint venture partner Fraser and Neave, according to a release by Fraser and Neave on the Singaporean stock exchange. Military-run MEHL submitted a notice to Fraser and Neave stating its intention to seek arbitration regarding a potential claim […]