Type conglomerate company Founded 1993 (1993) Key people Tun Lin (MD) | Industry beverage | |
Native name ပိ(စ်)မြန်မာဂရု(ပ်)ကုမ္ပဏီ | ||
Peace Myanmar Group Company (Burmese: ပိ(စ်)မြန်မာဂရု(ပ်)ကုမ္ပဏီ) is a Myanmar-based conglomerate company, including a major bottled drinking water and alcoholic beverage manufacturer.
It was founded in July 1993 by Yang Mao-liang, a Kokang warlord and head of a rebel group, the Myanmar National Democratic Alliance Army (MNDAA). The company is known for its alcohol brands, including Myanmar Rum, Myanmar Dry Gin, and Myanmar Whiskey.
In 2007, it was investigated by the Burmese government for tax evasion. The company is used to launder and reinvest MNDAA's drug profits in the legal economy.
References
Peace Myanmar Group Wikipedia(Text) CC BY-SA