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Home > News > Realtime News
Japan's Kirin Seeks Arbitration To Help End Myanmar Venture
Posted on 2021-12-06 17:05:01
Japanese beverage giant Kirin Holdings is seeking commercial arbitration in a
dispute over unwinding its joint venture brewery in Myanmar.

The company says it filed for arbitration in Singapore, against Myanma
Economic Holdings, a state-owned company, to end their venture Myanmar
Brewery.

MEHL has filed for liquidation of the venture, which Kirin said violated the
joint venture agreement and was an ``unjustified motion.``

Kirin moved relatively quickly to withdraw from the venture after Myanmar's
military seized power from its elected in February.

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