Developer brushes off concerns about Myotha Industrial Park

DEVELOPER Mandalay Myotha Industrial Development has brushed off human rights concerns and accusations in relation to the Myotha Industrial Park in Mandalay, while the International Federation for Human Rights argued that the process for the establishment of the park underscores the failure by the developer to conduct proper human rights due diligence. Tensions and confrontations […]

Myotha park share sale to end

Mandalay Myotha Industrial Development (MMID) Public Company will halt its share issue in October after raising K126 billion (US$129 million) from 1167 separate investors to date, company director U Aung Win Khaing said. The share issue ended after a pre-determined six-month period, though company officials will provide a counter to function as a secondary market […]