Quality the priority over timing for Yangon Exchange

The Yangon Stock Exchange may not arrive in October, as preparations are focused on providing a quality market rather than solely on timing, according to deputy finance minister Dr Maung Maung Thein. “The target we have set is October this year, but it’s just a target. Our intention is just to deliver the quality goods, […]

Aussino Plunges after Singapore Bourse Rejects Deal with Burma-Linked Firm

Shares of Aussino Group plunged by more than half after the Singapore Exchange rejected its application for a S$70 million (US $57 million) reverse takeover deal with a company linked to a Burma tycoon who is on the US sanction list. Aussino shares fell as much as 58 percent to S$0.071, the lowest since June […]