Few firms ready for March IPO, says SEC

Only two or three companies will be ready to list on the Yangon Stock Exchange by March, when trading is expected to start, according to an official at the Myanmar Securities and Exchange Commission (SEC). Six companies have been approved to list on Yangon’s new stock exchange, and officials had originally hoped those firms would […]

Myanmar Tower Co in talks for firm’s sale

Myanmar Tower Company (MTC), which is owned by Digical Asian Holdings, a joint venture between Digicel Group and YSH Finance, has been put up for sale, including all its contracts and sites, according to several market sources. Several companies have made an initial bid and are now carrying out the due diligence process on MTC, […]

Balloon adventures set for takeoff in Mandalay

Eager adventurers will soon have the chance to enjoy an aerial view of Mandalay from a hot air balloon starting this October, a newly launched company says. Oriental Ballooning plans to launch the service on October 25, with daily, pre-sunrise services through to at least the end of March – weather permitting. “There was no […]