Thai-Myanmar Regulators Tie up Deal

AS MYANMAR tries to grow its young capital market with the help with international partners, Thailand will become the first foreign country to sign a memorandum of understanding (MoU) with the Securities and Exchange Commission of Myanmar in less than three months, according to Htay Chun, commissioner of SECM. He said the securities and exchange […]

Transparency, Ongoing Disclosure Crucial for Stakeholder and Investor Confidence

Transparency and disclosure practices are crucial for businesses seeking to build trust with stakeholders, attract investors and ensure accurate media reporting, experts in a corporate governance forum have said. The International Finance Corporation (IFC), a member of the World Bank Group, and the Securities and Exchange Commission of Myanmar (SECM) organised a forum at the Yangon […]

Myanmar Capital Markets Essential for Private Sector: IFC

International Finance Corporation (IFC), a member of the World Bank Group, and the Securities and Exchange Commission of Myanmar (SECM) signed a memorandum of understanding (MoU) in March to strengthen corporate governance regulatory standards and practices in Myanmar. In its press statement, the IFC said that a better regulated market will bolster investor confidence and […]

Danyingone Market Developer Launches Share Sale

​​ Trading on the Yangon Stock Exchange may be lacklustre, but there is still demand for shares in over-the-counter markets for the right firms. Myanmar Agro Exchange Public Company, a food market and supply chain firm partly owned by local tycoon U Win Aung, is in the process of a share sale and says it […]

Stock Exchange Ready to Trade Online

​​ Thet Tun Oo, a Yangon Stock Exchange (YSX) manager, says the Securities and Exchange Commission of Myanmar (SECM) is testing online trading. The six securities companies officially licensed by the SECM were ready to start when official permission was given, he added. “The public is calling for the online trading. It’s up to the […]

Profit and loss statements of YSX listed companies to be released at end of fiscal year

The companies approved to trade shares at the Yangon Stock Exchange (YSX) will have to release statements of profit and loss so that those who want to purchase their stocks can make intellectual investments, according to an announcement released by the Securities and Exchange Commission of Myanmar. Currently, the three approved companies — First Myanmar […]

YSX debates bank disclosure ahead of MCB listing

As Myanmar Citizens Bank prepares to become the first lender listed on Yangon’s stock exchange, bourse officials are still debating just what level of financial disclosure listing banks should have to provide. Any company intending to launch shares on the YSX has to meet disclosure requirements more onerous than any others demanded under domestic Myanmar regulation. In […]

Securities Commission Says Foreigners Cannot Buy Shares This Year

NAYPYIDAW — The Securities and Exchange Commission of Myanmar (SECM) will not allow foreigners to buy shares on the Yangon Stock Exchange (YSX) this year, said Maung Maung Win, deputy minister of the Ministry of National Planning and Finance. Only two companies have listed on the YSX to date—First Myanmar Investment (FMI) and Myanmar Thilawa […]

Securities commission warns against illegal share sales

The Securities and Exchange Commission of Myanmar warned companies against selling shares without its permission yesterday – the second time it has issued such a warning since the country’s first modern stock exchange opened at the end of last year. The commission made an initial announcement through state media in February but public companies have […]

Rumors of Foreign Investors Soon Accessing YSX Quashed

RANGOON — Foreign investors will be unable to buy shares on the Yangon Stock Exchange (YSX) as long as the Myanmar Companies Act is not amended, a senior YSX official said, dispelling rumors that shares trading would open up to foreigners this week. Earlier this week, misleading news apparently spread after Maung Maung Win, chair […]