Hong Kong, October 04, 2016 -- Moody's Investors Service says that Tingyi (Cayman Islands) Holding Corp.'s purchase of a 5% stake in its subsidiary Tingyi-Asahi Beverages Holding Co. Ltd (TAB, unrated) from minority shareholder Asahi Group Holdings, Ltd. (unrated) has no immediate rating impact on its Baa1 issuer rating or on the negative outlook.
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