AIM-listed MIL rejects takeover offer from Myanmar Strategic Holdings

Photo: Juliet Shwe Gaung. Downtown Yangon.

AIM-listed Myanmar-focused investment firm Myanmar Investments International Limited (MIL) said that its shareholders have backed its move to reject a potential takeover proposal from LSE-listed Myanmar Strategic Holdings (MSH).

In the latest statement issued by MIL on June 19, the company announced that its shareholders were of the view that it was correct to reject the acquisition proposal from MSH.

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