Singapore magnate to axe army-linked Myanmar tobacco investment ...Middle East

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A prominent Singapore businessman has said he will exit his investment in a tobacco firm linked to the Myanmar military, after the army deposed the country's democratically elected government in a coup last week. Lim Kaling, co-founder and director of Hong Kong-listed gaming group Razer, said in a statement on Tuesday he was a minority shareholder in Virginia Tobacco Company through RMH Singapore Pte Ltd, which owns 49% of the Myanmar firm.

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Last updated : 09 February 2021 clock 06:45 AM

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Singapore magnate to axe army-linked Myanmar tobacco investment ...Middle East

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