By Juliet Shwe Gaung
The local firm will run the LPG plant in collaboration with state-owned Myanma Petrochemical Enterprise (MPE).
MAF is a JV between Ajinomoto SEA Regional Headquarters Co Ltd and Ajinomoto Co (Thailand) Ltd,
Chan is looking at investing under $100,000 in idea-stage startups and is open to inject up to $1 million in viable SMEs.
These startups are part of its accelerator programme’s second cohort.
Myanmar Digest: Dutch Trouw Nutrition, Japan’s Oshimanoki plan investments
The deal comes amid local concerns about Beijing’s growing economic clout in the country.
EMIA typically seeks to take a minority stake of 25-40 per cent in businesses.
Myanmar Distillery Company is the country’s largest spirits maker.
Thura Swiss’ Nicholas Thibeault on Myanmar’s M&A scene, challenges to deal-making and the importance of capacity building on valuation matrix.
Burst Networks is planning to build Myanmar’s first tier IV data center in Thilawa SEZ in Yangon.