Better prospects for Heineken Malaysia

KUALA LUMPUR: There are happier times ahead for Heineken Malaysia Bhd as the government has given the green light for entertainment outlets to resume operations from May 15, 2022, which should help the brewer's revenue recovery in on-trade channels.

Kenanga Research said in a note it was raising its forecasts on the group given that the transition to endemicity has allowed the hospitality and F&B industries to resume normal operating hours.