San Miguel Brewery HK Extends Trademark License

San Miguel Brewery HK Ltd. (HK:0236) has released an update.

San Miguel Brewery HK Ltd. has renewed its trademark license agreement with SMBIL, extending its exclusive rights to use San Miguel trademarks for beer production, sale, and distribution in Hong Kong and Macau until 2027. The updated agreement maintains the same territorial coverage and trademarks but revises the royalty rate and payment terms. This strategic move ensures San Miguel’s continued presence in these competitive markets, with annual royalties expected to remain below HK$10 million.

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