Heineken Malaysia Berhad

Heineken Malaysia Berhad
Formerly called
 Guinness Anchor Berhad[1]
Publicly traded company
Traded as MYX: 3255
ISIN MYL3255OO006
Industry Alcoholic drink
Founded 26 January 1964 (1964-01-26) in Petaling Jaya, Selangor, Malaysia
Headquarters Sungei Way Brewery, Lot 1135, Batu 9, Jalan Klang Lama, 46000, Petaling Jaya, Malaysia
Key people
 Idris Jala (chairman)[2]
Hans Essaadi (managing director)
Owners Heineken Malaysia Berhad
Heineken International
Parent GAPL Pte. Ltd.
Website www.heinekenmalaysia.com

Heineken Malaysia Berhad (doing business as Heineken Malaysia) (MYX: 3255) is a major producer of beer and stout in Malaysia and has been listed on the Main Board of Bursa Malaysia since 1965. Among the brands they produce and market are Tiger Beer, Guinness, Heineken, Anchor Smooth, Anchor Strong, Kilkenny, Anglia Shandy, Malta, Paulaner, Strongbow, and Sol.[3]

History

The company was incorporated on 24 January 1964 under the name of Guinness Malaysia Limited (GML). GML operates the Sungai Way Brewery which started operations in 1965.[3] Located in Selangor, the brewery occupies a land area of 23.72 acres (96,000 m2). On 15 April 1966, its name changed into Guinness Malaysia Berhad (GMB) which was mantained until 15 November 1989. The company evolved from the merger of Guinness Malaysia Berhad and Malayan Breweries (Malaya) Sdn Bhd (MBM) in 1989, whose parent companies were Guinness Overseas Ltd and Malayan Breweries Ltd (the present Asia Pacific Breweries Limited) respectively.[3] Following the merger, a new joint venture company was formed with GAPL Pte Ltd as the holding company of Guinness Anchor Berhad (GAB) whilst MBM became a dormant wholly owned subsidiary of GAB.

On 7 October 2015, GAB announced that Heineken N.V. acquired the remaining shares owned by Diageo Plc in GAPL Pte Ltd (GAPL).[4] Heineken N.V. now controls 100% of GAPL which holds 51% equity interest in GAB.[3] Consequently, on 15 March 2016; GAB had announced to change its name to Heineken Malaysia Berhad (HMB) to reflect the corporate identity and branding of the company and its relationship with the Heineken group of companies. The new name will serve to further strengthen the brand proposition in the country.[1]

See also

References

  1. 1 2 S. Puspadevi (9 April 2016). "Guinness Anchor to be Heineken Malaysia". The Star. Retrieved 3 May 2017.
  2. ↑ Adela Megan Willy (1 December 2016). "Idris Jala appointed as Heineken Malaysia’s new chairman". The Edge Markets. Archived from the original on 3 May 2017. Retrieved 3 May 2017.
  3. 1 2 3 4 "About". Heineken Malaysia. Archived from the original on 3 May 2017. Retrieved 3 May 2017.
  4. ↑ "Heineken N.V. realigns ownership interests in Jamaica, Malaysia, Singapore and Ghana". Heineken Company. 7 October 2015. Archived from the original on 3 May 2017. Retrieved 3 May 2017.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.