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.