Loi Hein ramps up real-estate ventures

Drinks manufacturer Loi Hein Company has shelved plans to list on Yangon’s stock exchange, but a series of potential foreign joint ventures means the firm should have no difficulty growing, CEO Sai Sam Htun told The Myanmar Times. At one stage he intended to take the company public when its annual revenue hit US$100m. He […]

Companies prepare for Yangon Stock Exchange listings next year

Preparations are underway for the first companies to attempt a listing on the Yangon Stock Exchange early next year, though progress is slower than expected, as only the name of one securities company has so far been announced. The names of six companies that meet – or are close to meeting – listing criteria issued […]

Scramble behind the scenes as Yangon Stock Exchange nears launch

Just a week before Myanmar’s first modern stock exchange is set to open on December 9, a much-delayed announcement on the names of securities companies has not yet been made, underwriters have not received licences and domestic IPOs seem a distant dream. Ten companies have been offered conditional underwriting licences for the Yangon Stock Exchange, […]

Yangon Stock Exchange 10 underwriter names leak

Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens. The YSE will be launched on 9th Dec 2015. The name of the 10 firms that leaked out are: AYA Bank’s wholly owned subsidiary, AYA Trust Securities Company. Aya Bank is owned by U Zaw Zaw of Max […]