Search Results for:Juliet Shwe Gaung
IFC’s proposed funding includes up to $7.5 million in equity investment and a co-investment of up to $7.5 million by IDA18 IFC-MIGA Private Sector Window.
According to local media reports, the buyer is a subsidiary of private equity firm PAG.
The Franco-Chinese PE firm is buying the stake from Equistone Partners Europe, a leading mid-market PE investor from Europe.
Taiwan Liposome Company is also listed on the Taipei Stock Exchange.
The latest funding round in ShweProperty was led by an unnamed existing investor, a London-based emerging markets-focused fund.
The project will be a mixed development project comprising a new central transportation hub that integrates rail and mass transit.
The proceeds from the latest fundraising will be used to help the company improve its logistics and customer services.
Each of the selected startups receives between £100,000 ($139,000) and £250,000 ($347,500) in funding.
In May 2017, SDB received a $28.5 million in equity and capital funding from existing investors SBI-FMO Emerging Asia Financial Sector Fund, FMO and IFC.
Japan’s Yamato Group and local firm Aye International Group have committed $500,000 in capital to launch a logistics joint venture in Myanmar in 2018.