A/HRC/42/CRP.3
No.
Name of Myanmar
company (if known)
MEHL or MEC
Foreign company joint
venture partner559 and
% held (if known)
Domicile
country of joint
venture
partner
Sector (if known)
7
Myanmar Brewery
Ltd562
MEHL
51% owned by
Kirin Holdings
Singapore Pte Ltd,
which is in turn
owned by Kirin
Holdings.
Japan
8
Myanmar Inno
International Ltd.
MEHL
44% held by Inno
Co Ltd.
Republic of Real estate
Korea
DICA
113981253
9
Myanmar Inno
MEHL
Line Company Ltd
18% by Inno Co
Ltd.
Republic of Real estate
Korea
DICA
114411612
10
Myanmar Posco
C&C Company
Ltd
70% by Posco
Coated and Color
Steel Co, Ltd.
Republic of Manufacturing
Korea
DICA
108231777
11
Myanmar Posco
MEHL
Steel Company Ltd
70% by Posco
Steel Co. Ltd.
Republic of Manufacturing
Korea
DICA
154251022
12
Myanmar WisePacific Apparel
Yangon Company
Ltd
MEHL
55% owned by
Republic of Manufacturing
Pan-Pacific Co Ltd Korea
DICA
144782119
13
Telecom
International
Myanmar
Company Limited
(aka Mytel)
MEC
49% by Viettel
14
Virginia Tobacco
Company Ltd
MEHL
60% by Distinction Singapore
Investment
Holdings Pte.563
562
563
MEHL
Viet Nam
Manufacturing
Source(s) of
information
DICA
148764948
Information
DICA
and
121660253
communication
Tobacco
DICA
170936647
machinery, optical-electronic products, oil field equipment, chemicals, light industrial products,
explosives and blast materials, civil and military firearms and ammunition and hi-tech defense
products. The two partners signed the contract on July 25, 2005 and constructed the factory on May
15, 2006. The US$5 million factory came into operation on April 20, 2007.” (http://www.sulphuricacid.com/sulphuric-acid-on-the-web/Acid%20Plants/Myanmar-Economic-Holding.htm).
The Mission notes that this joint venture is among MEHL’s most profitable (See, Su Phyo Win,
“Military conglomerate hoping for more JVs”, 18 November 2016,
https://www.mmtimes.com/business/23774-military-conglomerate-hoping-for-more-jvs.html)
Than Sein, “Update on Tobacco Use, Tobacco Industry, and Tobacco Taxation in Myanmar, 2018”,
People’s Health Foundation, pg. 13 (https://phfmyanmar.org/wp-content/uploads/2019/04/AcrobatDocument-3-1.pdf). The Mission was able to confirm that Distinction Holdings Pte. Ltd. in Singapore
was dissolved on 1 July 2017. The Mission was not able to confirm to whom Distinction Holdings
Pte. Ltd. sold its stake in Virginia Tobacco Company Ltd., but notes that MEHL has previously noted
that this joint venture is among its most profitable (See, Su Phyo Win, “Military conglomerate hoping
for more JVs”, 18 November 2016, https://www.mmtimes.com/business/23774-militaryconglomerate-hoping-for-more-jvs.html).
97
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