Dutch brewer Heineken announced today that it is in preliminary discussions, through its associated company Heineken Asia Pacific Breweries China, with GDH Limited, the controlling shareholder of Kingway Brewery Holdings Limited in China, regarding a possible increase of its 21%−shareholding interest in Kingway.

A brief statement said: "The discussions are very preliminary at this stage and may or may not lead to any transaction. During the discussions Heineken will not comment further."

Heineken−APB is part of the 50−50 joint venture between Heineken and Fraser & Neave in the Asia−Pacific
region.

In January last year, Heineken APB has entered into an agreement to acquire its existing 21%-stake through a combination of 133.8m new shares in Kingway and 165.5m existing shares from GDH Limited at the price of HK$1.85 per share.