Kirin Holdings

Myanmar Dealbook: Thai T2P partners City Mart; New tourism accelerators

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Thailand’s fintech startup T2P signs a for a partnership with Myanmar’s City Mart Holdings. Tourism start-ups in Mekong Region opened for two accelerator programs under MIST.

Japan’s Kirin buys F&N’s Myanmar Brewery stake for $560m

Japan’s Kirin Holdings Co. has bought a controlling stake in Myanmar Brewery Ltd., the largest beer maker in the Southeast Asian nation, for $560 million, the company announced. The deal was routed through its Singapore subsidiary – Kirin Holdings Singapore Pte. Ltd. –  a wholly owned unit handling the group’s… Read more »

F&N resolves Myanmar brewery sale ending lengthy dispute

Singapore’s Fraser and Neave (F&N) on Thursday said it would sell its majority 55 per cent stake in  Myanmar Brewery Limited for $560 million, bringing to an end a long-drawn spat between the two joint venture partners. The deal value is based on the exchange rate between Myanmar kyat and… Read more »