This week marks the launch of an important market institution – the Myanmar Institute of Directors (MIoD), the first independent, private sector-led organization promoting best corporate governance standards and practices in the country. This is a significant step in Myanmar’s ongoing market reforms and sends a strong signal to the global business community the country’s […]
More firms to be listed on Yangon stock exchange
August 29, 2017 by
PEOPLE’S interest in trading on the Yangon stock exchange does not seem to be growing 18 months after its launch but more companies are nevertheless keen to be listed, say officials. Htay Chun, a member of Securities and Exchange Commission of Myanmar, says that at least two more companies hope to complete the necessary procedures […]
Top End Minerals closing in on zinc acquisition
February 6, 2017 by
Top End Minerals (ASX:TND) has successfully completed its technical due diligence on the Lashio zinc refinery in Myanmar. In late November 2016, Top End acquired the option to purchase a 60% interest in the Longh Keng zinc mine and Lashio zinc refinery in Myanmar for US$43 million. Corporate due diligence and financial due diligence is […]
FMI swaps share certificates for digital accounts
February 1, 2016 by
First Myanmar Investment (FMI), owned by businessperson Serge Pun, has asked its shareholders to open digital accounts, ahead of the company’s planned listing on the new Yangon Stock Exchange later this year, officials said. It is working with two securities companies on its initial public offering – KBZ Stirling Coleman Securities (KBZSC) and Myanmar Securities […]
Thilawa SEZ has sold over 3 million shares, to list when stock market set up
August 21, 2014 by
Myanmar Thilawa SEZ Holdings Public Co Ltd (MTSH) says it has sold more than three million shares but has no plan to sell more. Win Aung, the chairperson of MTSH, said: “We now have enough capital to run the economic zone. We have a plan to list on the stock exchange, which is going to […]
OTC market for Thilawa shares due in 45 days, Win Aung says
August 20, 2014 by
Over-the-counter sales of shares in the Thilawa Special Economic Zone will be launched within 45 days, according to tycoon Win Aung, chairperson of Myanmar Thilawa SEZ Holding Public Co Ltd. Win Aung, who is also the president of the Union of Myanmar Federation of Chambers of Commerce and Industry, said the OTC market “will sell […]
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