There is only one listed construction-related firm on the Yangon Stock Exchange (YSX) at the moment. Joining the YSX will not boost the construction companies to raise capital for real estate projects in the short term. KBZ Bank deputy managing director U Bo Bo Wai Maung said that local construction companies should consider joining […]
British Chamber Launches Business Program to Entice UK Firms to Myanmar
September 8, 2016 by
The British Chamber of Commerce has launched a variety of business services to help attract British businesses to enter the Myanmar market. Some of the more prominent services the chamber is offering include business matching, market visits, trade missionsand bespoke events where businesses can showcase their products and services. With Myanmar considered one of the […]
Thilawa Holdings lays out risks pre-IPO
May 16, 2016 by
Myanmar Thilawa SEZ Holdings (MTSH) has received the green light to list on the Yangon Stock Exchange and has published its disclosure documents, which detail its key shareholders, earnings and the main risks facing the company. The firm, established in 2013 by a nine-shareholder consortium, will launch its shares on the exchange on May 20, […]
FMI increases capital to Yoma Bank
May 5, 2016 by
First Myanmar Investment (FMI) has increased its capital contribution to its subsidiary Yoma Bank by almost K9.6 billion, after accepting a loan facility from Bangkok Bank, said a company announcement yesterday. FMI, owned by businessperson Serge Pun, is the first and only company to list on the Yangon Stock Exchange and owns a 51 percent […]
Second YSX listing delayed until May
April 27, 2016 by
The firm, which is expected to be the second to move its shares onto Myanmar’s new exchange, has not yet received approval from the YSX to list, said Kensuke Yazu, Myanmar representative for the Japan Exchange Group, which co-owns the stock exchange. First Myanmar Investment became the first firm to list on the exchange on […]
MTSH Won’t Sell Thilawa Zone B Shares Yet
January 8, 2016 by
Myanmar Thilawa SEZ Holding (MTSH) Public Limited will not sell its ‘Zone (B)’ shares in the near future, according to the company’s second annual general meeting. There are three zones in the Thilawa Special Economic Zone development – Zone (A), Zone (B) and Zone (C). A total of 2,145,000 shares for Zone (A) have already […]
EITI Research Begins This Month
June 9, 2015 by
Myanmar’s Extractive Industries Transparency Initiative (EITI) evaluation will begin this month, according to officials. “The research will commence at the beginning of June under the guidance of Myanmar EITI regarding technical matters of the study and detailed research on respective sectors and handling financial statements,” U Win Aung from EITI committee said. According to a […]
US offers path to redemption for ‘cronies’
May 6, 2015 by
Myanmar officials and the business community yesterday expressed hope that the lifting of US sanctions against prominent industrialist U Win Aung last week would open the door to an influx of US investment and the removal from Washington’s blacklist of other tycoons linked to the former military regime. An industry insider who asked not to […]
To see more of our clients click 