
TOKYO -- Yoma Strategic Holdings, the Singapore-listed conglomerate controlled by Myanmar tycoon Serge Pun, on Friday announced a tie-up with French spirits group Pernod Ricard to produce and sell whisky in the Southeast Asian country.
In a joint press release, Pernod Ricard -- the maker of whisky brands Ballantine's and Chivas Regal, among others -- said it would "install an internationally experienced management team and become the largest shareholder" in a new joint venture.