Golden Glory plans IPO to fund Myanmar projects

YANGON • Golden Glory Group, a developer of Myanmar real estate, is planning an initial public offering (IPO) in Singapore this year as the opening of the market spurs property demand in South-east Asia’s fastest-growing economy. The Singapore-based company is targeting an US$80 million to US$100 million (S$110 million to S$138 million) initial share sale, […]

Singapore’s Surbana Jurong JV builds local capacity

Singapore’s Surbana International Consultants will have a greater capacity to bid for large scale projects in Myanmar, following its recent merger with Jurong International Holdings, according to Gareth Wong, general manager of Surbana in Myanmar. Both companies were formerly part of the Singaporean government – Surbana was formerly under the Housing & Development Board (HDB) […]