Tpg Capital Myanmar

Myanmar, capital of Tpg

JK) and Apollo Towers, which operate mobile towers in Myanmar. General Manager, YGA Capital Limited. The TPG has only two interests in Burma/Myanmar: Apollo Towers Myanmar Ltd. investiert. Find out who you know at YGA Capital, use your professional network and get hired.

Selling Myanmar Distillery shareholding to Thailand's tycoon by TPG

singapore - usa' privately-held equities company TPG Capital has pledged to divest its total interest in Myanmar's biggest liquor producer to one of Thailand's wealthiest individuals worth nearly $500 million. On Friday, TPG said it would divest its 50% interest in Myanmar Distillery Company Group through its Investmentarm Alliance Asia Investments Pvt Ltd. to Thai Beverage PCL (Y92.SG), which belongs to multimillionaire Charoen Sirivadhanabhakdi.

At the end of 2015, TPG purchased the share in Yangon-based Myanmar Distillery Co., whose Grand Royal Whisky and Hero Whisky trademarks belong, from global players for between 100 and 200 million dollars. The Myanmar Distillery with production facilities in Yangon and Mandalay produces whisky, rhum, gin as well as chillers, which are marketed through some 1,300 wholesale and 20,000 retailer stores across the state.

ThaiBev's ThaiBev investments were a "testament" to Myanmar Distillery's broad base and powerful executive team," TPG said in a declaration. ThaiBev said in a seperate application to the Singapore Exchanges that the corporation has purchased an interest in Myanmar Distillery from other companies in addition to the TPG business.

In addition, the acquisition will give the Thai based group a 75% stake in Myanmar Supply Chain & Service Co., ThaiBev said. In the past year, via its TCC Asset holdings, TCC purchased the Thai hypermarkets of Groupe Casino SA for 3.46 billion dollars. The ThaiBev brand has Chang Beer and Oishi GrĂ¼ntee in Thailand and plans to grow its operations in Southeast Asia.

Thai Bev is one of the firms wishing to acquire a shareholding in the state-owned Saigon Beer Alcohol Beverage Corp. or Sabeco, Vietnam's biggest beer-maker. ThailandBev said on Friday that it would finance the Myanmar Distillery takeover through a mix of in-house funds and overdrafts.

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