Myanmar Investment Swaps Apollo Towers Holding For Stake In AP Towers

(Alliance News) – Myanmar Investments International Ltd said Thursday its subsidiary MIL 4 Ltd swapped its stake in Apollo Towers Holdings Ltd for a stake in AP Tower Holdings Pte LTD, which owns Pan Asia Majestic Eagle Ltd, another Myanmar independent tower company. Under the share swap, MIL 4 has exchanged its existing 13.7% shareholding […]

Myanmar Investments Rejects Offer From Fellow Myanmar Firm

Myanmar Investments International Ltd on Tuesday confirmed it has rejected a merger proposal from Myanmar Strategic Holdings Ltd and said that it will not enter into negotiations in relation to the proposal. “Having carefully considered the terms of the proposal and discussed them with Myanmar Strategic, the board has concluded that proceeding with the potential […]

Myanmar: India Inc’s next big destination

Indian investments in the country stand at $273.50 mn, expected to soar to $2.6 bn Lighting Products Chalo Myanmar seems to be the new mantra of Indian industry, which is keen to tap the market there. From infrastructure to energy to aviation, Indian companies are trying to mark their presence in that country. Although a […]