In THe NEws

Razer’s co-founder and director Lim Kaling on Tuesday (9 Feb) announced that he would exit his investment exposure to Virginia Tobacco Company (VTCL) in Myanmar and sell his one-third stake in the joint venture that owns RMH Singapore Pte Ltd.

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လူသိများသည့် စင်္ကာပူစီးပွားရေးလုပ်ငန်းရှင်ကြီးတစ်ဦးဖြစ်သည့် Lim Kaling က မြန်မာစစ်တပ်နှင့် ဆက်နွယ်ပတ်သက်သည့် စီးကရက်ကုမ္ပဏီတစ်ခု၌ ၎င်း၏ ရင်းနှီးမြှုပ်နှံမှုကို ပြန်လည်‌ရှင်းထုတ်ထွက်ခွာတော့မည်ဖြစ်ကြောင်း ပြောကြားလိုက်သည်။

On Feb. 1, Myanmar's military detained State Counselor Aung San Suu Kyi and President Win Myint in the country's first coup since 1988, bringing an end to a decade of civilian rule.

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Razer co-founder and director Lim Kaling is selling an investment associated with the military-linked market leader in Myanmar's tobacco market.

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Lim Kaling นักธุรกิจชาวสิงคโปร์ผู้ร่วมก่อตั้งและกรรมการบริษัทเกม Razer ออกแถลงการณ์ว่าจะถอนการลงทุนในบริษัทผลิตบุหรี่ Virginia Tobacco Company ที่เกี่ยวข้องกับกองทัพเมียนมา เนื่องจากกังวลเกี่ยวกับสถานการณ์ในเมียนมา

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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.

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Razer co-founder and director Lim Kaling is selling his one third stake in a JV that owns RMH Singapore, a Singapore-based tobacco company which in turn owns 49 per cent of Virginia Tobacco Co Ltd, the military-linked market leader in Myanmar's tobacco market.

Singapore gaming company Razer’s co-founder and director Lim Kaling said on Tuesday (Feb 9) that he will exit his investment in a tobacco firm in Myanmar after the military coup there caused him “grave concern".

Singaporean Withdraws From Myanmar Military-Linked Tobacco Venture. A week on, the military coup is exacting an increasingly steep economic cost.

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Senior General Min Aung Hlaing’s coup was supposedly for upholding the integrity of Myanmar’s electoral process, but Justice for Myanmar posits that his motivation lies on preserving his financial interests as head of the military’s economic conglomerates and the business interests of his family.

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