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Bangkok Post
Bangkok Post
Business

Japan brewer Kirin to exit Myanmar, seek sale of 2 units

TOKYO: Japanese beverage maker Kirin Holdings said on Monday it would withdraw from its business in Myanmar and terminate its joint venture with a military-linked partner.

Kirin has been in a dispute with local partner Myanma Economic Holdings Public Company Limited (MEHPCL) on how to wind-down their brewery venture following a military coup against the democratically elected government last year.

Even so, company executives previously said they wanted to remain in the Myanmar market.

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