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Myanmar Brewery stake: arbitrators rule against F&N

Published Fri, Oct 31, 2014 · 09:50 PM

Singapore

AN arbitration tribunal in Singapore has ruled against Fraser and Neave Ltd (F&N) in its dispute with Myanma Economic Holdings Limited (MEHL) over a stake in Myanmar Brewery Limited.

In an announcement on Friday, MEHL said that the arbitrators have affirmed MEHL's rights under a joint venture (JV) agreement to buy F&N's stake in Myanmar Brewery.

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