Myanmar

Myanmar is preparing to welcome the third company to its stock exchange next week, which like its predecessors will not raise any new capital. But the country is in the midst of updating its foreign investment laws and the growth of foreign inflows is expected to spur real IPOs, writes Jonathan Breen.

The Yangon Stock Exchange has given the go ahead to Myanmar Citizens Bank (MCB) to float on the bourse, which will make it the third entity to do so.

Myanmar has welcomed its second ever listing with Myanmar Thilawa SEZ Holdings making its debut last Friday to a rousing reception, with its shares jumping by a third in the first two days and even hitting its daily trading limit. While impressive, the rally throws light on the problems ailing the budding stock market.

Myanmar Thilawa SEZ Holdings has made its debut on the Yangon Stock Exchange, becoming the second ever listing on the country’s budding stock market.

Myanmar Thilawa SEZ Holdings is set to float on the Yangon Stock Exchange, in what will be the country's second ever IPO.

Myanmar Thilawa SEZ Holdings has been given the nod to float on the Yangon Stock Exchange (YSX), putting it in line to become the country's second ever listing.

First Myanmar Investment became the first firm to debut on the Yangon Stock Exchange last Friday — three months after the bourse was officially launched. The stock opened with a bang, jumping about 19% on the first trading day.

The Yangon Stock Exchange opened last Friday to a fervent day of trading with the debut listed stock, First Myanmar Investment, jumping about 19% on the first day.

Myanmar’s Yangon Stock Exchange (YSX) is preparing its first listing, with local conglomerate First Myanmar Investment (FMI) set to do the honours on March 25. But the IPO is unlikely to be a real test of market appetite, as it is not raising any new money with its transaction. Jonathan Breen reports.

Myanmar held the first session of its new parliament this week, its first democratically elected legislature in over 50 years. The country is also preparing for a similarly rare event in its capital markets, with regulators set to name the first company to be allowed to float on the Yangon Stock Exchange (YSX). Jonathan Breen reports.

Myanmar’s stock market regulator is set to name the first company to be able to sell its shares on the Yangon Stock Exchange (YSX).

ANZ has received the final regulatory approval from the Central Bank of Myanmar to open its first branch in the country, deepening the Australian lender's presence in the Greater Mekong region.