Asia Pacific Breweries incorporates New Zealand subsidiary
Glenfield Hospitality Limited has set its sights on investing in a food and beverages outlet.
Two APBL indirect subsidiaries, Barworks Group Limited and Barworks Holdings Limited, will hold a 75% and 25% stake, respectively in the newly established subsidiary.
The incorporation was announced in a company disclosure to the Singapore Exchange. APBL added that Glenfield Hospitality has an initial paid up share capital of NZ$100.
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Tags: APBL, Asia Pacific Breweries, APBL New Zealand subsidiary
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