Stock exchange to start with shares only

At first, the Yangon Stock Exchange will mainly allow shares to be traded, with a market in loan agreements and derivatives to follow after some time, said Dr Maung Maung Thein, deputy minister of the Ministry of Finance and Revenue. “We will start with shares in the beginning. Afterwards we will slowly move towards the […]

FMI issues additional 25,000 shares for public offering

YANGON—First Myanmar Investment Co Ltd, a local investment holding company, has begun issuing an additional 250,000 new ordinary shares to be offered to the public at a price of Ks 10,000 (US$ 10.17) each, starting from January 9, company sources say. The additional offering shall be open for 10 business days. The public is invited […]