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Yoma Strategic, Pernod Ricard joint venture eyes Myanmar's whisky industry

Upon deal's completion, French company will become largest shareholder in new firm

Published Fri, May 25, 2018 · 09:50 PM

Singapore

MAINBOARD-LISTED Yoma Strategic Holdings on Friday said it intends to form a joint venture (JV) company with Pernod Ricard alongside other partners to produce and distribute whisky in Myanmar.

Upon completion of the deal, Pernod Ricard will bring in an "internationally experienced management team" and become the largest shareholder in the new firm.

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