(Alliance News) – Myanmar Strategic Holdings Ltd on Monday said it will launch a new share issuance programme to fund working capital and should the company require new capital for new investment opportunities. The company, which develops and managers consumer businesses in Myanmar, also said that it has secured a three-year USD3.0 million from largest […]
Singapore Myanmar Investco in share sale agreement to dispose unit for US$10.8m
June 22, 2018 by
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 […]
Unblocking the path to capital freedom for SMEs
September 21, 2017 by
Myanmar’s financial sector must progress towards becoming more inclusive of small and medium enterprises (SMEs), which form the backbone of the country’s economy, but face difficulties obtaining access to funds for expansion and growth. “We need to liberalise the financial sector to encourage start-ups and support SMEs. This involves integrating the full-range of financial services […]
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