Fri, Oct 14, 2005 - Page 11 News List

TTL seeks more partners

STRATEGIC INVESTMENT Taiwan Tobacco & Liquor Corp is trying to find foreign investors to expand its sales and to become more internationally competitive

BLOOMBERG

China, Taiwan's biggest trading partner, is one of Taiwan Tobacco's target overseas markets, Dawn said. Some of the company's alcoholic drinks are now available in Japan, South Korean and the US west coast, he said.

Partnerships may help Taiwan Tobacco boost sales in overseas markets, which now contribute less than 2 percent of the company's revenue, Dawn said.

"In the Netherlands, maybe Heineken can brew beer for us," Dawn said.

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