TOKYO :Kirin Holdings' is seeking international arbitration at the Singapore International Arbitration Centre regarding the dissolution of its joint venture with a Myanmar military-linked company, the company said on Monday.
"In line with our firm commitment to the termination of the join-venture partnership, Kirin Holdings has decided to file for arbitration ... in order to ensure that the process is fair and just," Kirin said in a statement.
The Japanese beverage company has since obtained an injunction ordering the suspension of the petition from Singapore's high court and said it will request the dismissal of the petition. Kirin said in February it was cutting ties with its military-linked partner in Myanmar after the army ousted the democratically elected government. Even so, Kirin executives said they wanted to stay involved in the Myanmar market.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Kirin seeking arbitration to end venture linked to Myanmar military -NikkeiTOKYO : Kirin Holdings has filed for international arbitration at the Singapore International Arbitration Centre regarding the dissolution of its joint venture with a Myanmar military-linked company, the Nikkei reported on Monday. (Reporting by Sakura Murakami; Editing by Tom Hogue)
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Kirin seeking arbitration to end venture linked to Myanmar military -NikkeiTOKYO : Kirin Holdings has filed for international arbitration at the Singapore International Arbitration Centre regarding the dissolution of its joint venture with a Myanmar military-linked company, the Nikkei reported on Monday. (Reporting by Sakura Murakami; Editing by Tom Hogue)
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
You can soon try Gordon Ramsay’s beef ‘rendang’ in Kuala LumpurIn his first Malaysian venture, the celebrated chef is opening his eponymous Bar & Grill at Sunway Resort, the flagship hotel at Sunway City Kuala Lumpur, at the end of 2021. No thanks. Hard pass
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Myanmar security forces ram car into protest in Yangon, deaths fearedMyanmar security forces in a car rammed into an anti-coup protest on Sunday (Dec 5) morning in Yangon, with at least half a dozen protesters arrested and dozens injured, according to two witnesses at the scene. Anti-military protests are continuing despite the killing of more than 1,300 people since t Some protesters didn't run off after hitting by the military vehicle. They just stayed by the side of their injured friends. They have been detained by the terrorist military force. Dec5Coup WhatsHappeningInMyanmar They brutally killed unarmed protestors. What a-holes are these killing the people they are supposed to protect.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Myanmar junta chief meets Aung San Suu Kyi party stalwartYANGON: Myanmar\u0027s junta chief sat down with a prominent senior figure of Aung San Suu Kyi\u0027s ousted party on Sunday (Dec 5), the first significant meeting since the February coup. The military deposed Aung San Suu Kyi and her National League for Democracy (NLD) party from power, pushing many of her closest The brutal junta and his fascist armed group must fail, down to ashes... Burma Anti Coup protest at KyiMyinDine Yangon was brutally crackdown by Myanmar military. They open gun fire and rammed vehicle into the crowd, killing 4 unarmed protesters and many injured also abducted 7 protester. SAdamsR2P WhatsHappeningInMyanmar 'We will never forget and forgive for the blood debt of Yangon's Kyimyindine.' ✊🏻 Anti-coup revolutionary strike in Sagaing's Salingyi, Mount Letpadaung, Phaungkar Vlg today. 🪧 Dec5Coup HelpMyanmarIDPs WhatsHappeningInMyanmar
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Ikhsan Fandi double fires Singapore to 3-0 win over Myanmar in Suzuki Cup openerSINGAPORE: There were pyrotechnics prior to Singapore’s AFF Suzuki Cup opener with Myanmar and striker Ikhsan Fandi ensuring the fireworks continued on the pitch on Sunday (Dec 5) as his clinical brace gave the Lions a 3-0 win at the National Stadium. In front of a enthusiastic crowd of 7,588, first half finallee our youn soccer made progress
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »