SINGAPORE (May 25): Yoma Strategic plans to form a joint venture (JV) company with French spirits giant Pernod Ricard to focus on the production and distribution of whisky in Myanmar.

The deal is expected to close in 2019.

Under the agreement, Pernod Ricard take the lead in management of the production facilities, distribution network, and brand portfolio of Access Myanmar Distribution Company (AMDC), the current JV between Yoma Strategic, Win Brothers and Delta Capital Myanmar.

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