KUALA LUMPUR: Heineken Malaysia Bhd
is expanding its export business as part of a regional supply chain shift under its parent’s EverGreen 2030 strategy.
In a filing with Bursa Malaysia, the brewer said Asia Pacific Breweries Singapore (APBS), a wholly owned subsidiary of Heineken N.V., will transition to an import-based supply model supported by breweries across the region.
“To support this transition, Heineken Malaysia and Heineken Vietnam will produce and supply to Singapore and Asia Pacific export markets. This transition will be gradual and has been factored into the company's supply chain capacity plan,” it said.
Heineken Malaysia said the arrangement provides an opportunity to grow its export segment, which currently accounts for less than 1% of total sales, while improving supply chain efficiency and achieving greater economies of scale.
It added that the transition is not expected to have a material impact on its financial performance in 2026, with full impact expected only by the third quarter of 2027.
The shift will see large-scale brewing at APBS’ Tuas brewery progressively phased down by end-2027, with the site to be redeveloped into a regional logistics and innovation hub, including a pilot brewery.
“Singapore will remain the global home of Tiger Beer, with the brand's global leadership anchored in Singapore - setting strategy, shaping creativity, and guiding direction and R&D that support the brand worldwide.
“Singapore will also continue to play a pivotal role within Heineken’s Asia Pacific network by driving brand building, commercial excellence and innovation,” it said.
Heineken Malaysia noted that the arrangement involves related party transactions due to overlapping shareholding within the Heineken group, and said it will seek shareholder approval for the mandate at its next annual general meeting.
