ThaiBev

ThaiBev acquires Myanmar distilleries as TPG exits

October 16, 2017 by Thiha

Thai Beverage Public Co has acquired a combined 75% stake in two Myanmar distilleries in a deal worth $742 million, hoping to tap into growth in the country’s nascent spirits market. ThaiBev acquired the 75% stake in Myanmar Supply Chain and Services Go (MSCS) and Myanmar Distillery Co (MDC) from four third-party vendors, including Texas-based […]

Filed Under: Latest News Tagged With: bank financing, Cambodia, internal cash, investment holding companies, M&A activities, mandalay, MDC, MSCS, Myanmar, Myanmar Distillery Co., Myanmar Supply Chain and Services Go, private equity firm TPG, Singapore-listed ThaiBev, Southeast Asian country, Thai Beverage Public Co, ThaiBev, ThaiBev executives, Vietnam, Yangon

Oishi looks to output base to meet rising demand in Vietnam; Myanmar also a priority country

March 13, 2015 by thiha

OISHI Group Plc could build a beverage factory in Vietnam in two to three years to meet rising demand after launching marketing campaigns there as well as in Myanmar this year. Oishi Beverage has been selling abroad almost from its inception via local retailers. Last year it began marketing its own products in Laos and […]

Filed Under: Latest News Tagged With: Cambodia, F&N, Jesdakorn Ghosh, Laos, Malaysia, Marut Buranasetkul, Myanmar, Neave Holdings, Oishi Beverage, Oishi Food, Oishi Group Plc, Shabu-Shi, singapore, ThaiBev, Vietnam

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

October 31, 2014 by thiha

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 […]

Filed Under: Latest News Tagged With: Andaman Gold, APB, arbitration, Asia Pacific Breweries Ltd, beer, brewery, Charoen Sirivadhanabhakdi, F&N, foreign investors, Fraser & Neave, Myanmar beer, Myanmar Brewery Limited, Myanmar Double Strong, Myint Aung, Rule of Law, Shares, singapore, Thai Beverage PCL, ThaiBev, UMEL, Union of Myanma Economic Holdings Limited

Myanmar ready to sweeten terms for foreign brewers

May 14, 2013 by thiha

The Myanmar government is prepared to relax limits on foreign ownership of breweries on a case-by-case basis, as it seeks to improve the appeal of the country to foreign investors, says a senior beer industry executive. The Myanmar Investment Commission (MIC) offered four licences in January for international breweries to operate domestically. Under the Foreign […]