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Singapore Myanmar Investco in share sale agreement to dispose unit for US$10.8m

MAINBOARD-listed Singapore Myanmar Investco (SMI) on Monday announced that its subsidiary, Myanmar Infrastructure Group (MIG), has entered into a US$10.8 million share sale agreement with Tiger Infrastructure for the proposed disposal of its 99.9 per cent-owned indirect subsidiary, TPR Myanmar. TPR, which was incorporated in Myanmar in 2014, is a subsidiary of MIG, and the […]

Singapore Myanmar Investco signs deal to develop The Coffee Bean & Tea Leaf brand in Myanmar

MAINBOARD-listed Singapore Myanmar Investco (SMI) announced on Monday that it has secured an exclusive deal to set up and develop The Coffee Bean & Tea Leaf (CBTL) brand in Myanmar, expanding its arrangement with the coffee chain. Under the agreement, SMI will expand the CBTL brand across Myanmar, with the first CBTL outlet opening under […]