APB incorporates new subsidiary in New Zealand
Wrynoze Limited has been incorporated for the purpose of investing in a food and beverages outlet in New Zealand.
Asia Pacific Breweries Limited announced that its indirect subsidiary in New Zealand, Barworks Group Limited, has incorporated Wrynoze Limited, with BGL holding a 75% stake and the remaining 25% stake held by the third party JC Family Trust.
The initial paid up share capital of WNL is NZ$100.
BGL is a subsidiary of DB Breweries Limited which is 100% owned by APB.