Asia Pacific Breweries is an Asian brewery company founded as Malayan Breweries Limited (MBL) in 1931, in a joint venture between Heineken International and Fraser and Neave, and given its present name in 1990. It currently controls 30 breweries in 12 countries in the Asia Pacific region, selling over 120 brands of beer and beer variants. Heineken is the largest shareholder with a 42.5% stake. The company is listed on the Singapore Exchange.