Myanmar-Singapore joint ventures get listed on SGX

Three Myanmar-Singapore joint ventures have joined the Singaporean Exchange as they wait for Myanmar to open its own stock market, according to a junior advisor for banks and investments. “The very first three companies that joined to SGX are Yoma Strategic Holdings, Aussino and Super Coffeemix,” Dr. George Soe Win, the junior advisor told the […]

Aussino Plunges after Singapore Bourse Rejects Deal with Burma-Linked Firm

Shares of Aussino Group plunged by more than half after the Singapore Exchange rejected its application for a S$70 million (US $57 million) reverse takeover deal with a company linked to a Burma tycoon who is on the US sanction list. Aussino shares fell as much as 58 percent to S$0.071, the lowest since June […]