Norway’s Wealth Fund Puts Kirin on Watch for Myanmar Ties
This article is for subscribers only.
Norway’s sovereign wealth fund put Kirin Holdings Ltd. under observation due to the risk that the beverage maker might contribute to serious violations of human rights.
“The Council on Ethics has recommended to place the company under observation based on Kirin’s business cooperation with an organization with ties to the military in Myanmar,” Norges Bank Investment Management, the fund’s official name, said in a statement late on Wednesday.