Myanmar Thilawa SEZ Holdings becomes second company to list on Yangon Stock Exchange
Myanmar Thilawa SEZ Holdings becomes second company to list on Yangon Stock Exchange
After delays during the approvals process, Thilawa SEZ Holdings Public Limited (Thilawa) has become the second company to list on the Yangon Stock Exchange (YSX). Thilawa’s listing took place on Friday 20 May having originally being planned for March 2016. Thilawa’s share price on listing was 40,000 kyat (US$34.10) per share. Trading volume for the day totaled 10,157 shares, for a value of 507.85 million kyat. The financial adviser and lead securities company on the listing was CB Securities Ltd. The highest historical price for Thilawa’s shares on the over-the-counter market was K85,000 per share, although typically they traded for between K60,000 and K80,000 per share. Thilawa published a disclosure document (Prospectus) setting out its shareholding structure as well as the risks potential investors should be aware of when making a decision whether or not to invest. Read more