MTSH Suspends Share Trading at YSX For Stock Split

Myanmar Thilawa Special Economic Zone Holdings Public Ltd (MTSH) announced yesterday that it would suspend trading of its shares at the Yangon Stock Exchange from October 30 to November 3. The board of directors of the company previously agreed to split each stock into 10 units. MTSH sought approval for the move from its share holders at its special general meeting on October 23, according to U Aye Win, the company’s administrative and human resources director.  The move aims to increase share trading volume at the YSX. This will enable people to buy shares easily, said Win Aung, chairperson of the […]

Myanmar Japan joint-venture company to manufacture rice and rice products

Japan based Mitsui & Co. Ltd. and Myanmar Agribusiness Public Corporation Ltd. (MAPCO) had permission in September last week to form Myanmar Rice Industry Co. Ltd. to produce rice and rice products. Directorate of Investment and Companies Administration (DICA) allowed the registration of Myanmar Rice Industry Co. Ltd. in September 27 and the launching of […]