(Yicai Global) Oct. 13 -- Tsingtao Brewery Co. [SHA:600600; HK:0168] said yesterday that it received notification that in consideration of commercial arrangements, its second largest shareholder -- Japan Asahi Group Holdings Co. -- is evaluating the possibility of transferring all or some of its shares in the company.

Asahi Group holds 270 million of Tsingtao's H-shares, accounting for approximately 20 percent of the company's total capital stock. Asahi Group does not hold the firm's A-shares.