TOKYO (dpa-AFX) - Japan's Kirin Holdings Co., Ltd. (KNBWF.PK) said that its southeast Asian subsidiary Kirin Holdings Singapore Pte. Ltd. has acquired 55% of all outstanding shares in Myanmar Brewery Limited from Fraser and Neave Limited for $560 million or about 69.7 billion yen.
Myanmar Brewery Limited is Myanmar's top beer company, which manufactures and sells brands including Myanmar Beer, Andaman Gold, and Myanmar Double Strong.
Copyright RTT News/dpa-AFX