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The company claimed to have a 99% market share of the beer market in Laos in 2008, though this may have been eroded by the arrival of Singapore's Tiger beer on the market. [ 5 ] Beerlao was an official sponsor of the 2009 Southeast Asian Games held 9–18 December 2009 in Vientiane as well as most sports events in the country.
In 2005 there was a change in ownership, when Carlsberg Group acquired 50% of the company, while the Lao government kept 50%. [4] In 2007 Carlsberg Group acquired 70% of the shares in Lao Soft Drink Co Ltd., with the Lao government keeping the remaining shares. [5] All machinery is imported from Europe.
Heineken Lao Brewery is a joint-venture between Heineken Asia Pacific (68%), the Government of Laos (25%) and SBK Consultant Ltd (7%). [2] It opened its first brewery on 12 March 2008, at a cost of €23 million, with an initial capacity of 300,000 hectolitres per annum. [3]
A bake sale, also known as a cake sale or cake stall, is a fundraising activity where baked goods such as doughnuts, cupcakes and cookies, sometimes along with other foods, are sold. Bake sales are usually held by small, non-profit organizations , such as clubs , school groups and charitable organizations. [ 1 ]
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