Carlsberg Malaysia said in a statement to the Kuala Lumpur Stock Exchange that it expected the agreement “to contribute favorably” to group results in the long term. However, the deal is not expected to have a material financial impact on results for the current year ending December 2002.
MALAYSIA: Carlsberg Malaysia to brew Chang beer
Carlsberg Malaysia is to brew and distribute the Thai Chang beer brand in Malaysia. The licensing agreement, which covers beer brands and alcohol-free variants, will run until 2012.