Myanmar: SIM to raise up to $60m for offshore supply base investment

Myanmar: SIM to raise up to $60m for offshore supply base investment

Photo: Juliet Shwe Gaung. Facing the Yangon River from Kyee Myindaing Kanner road.

Myanmar based SIM Co Ltd, which recently got an approval from the Myanmar Investment Commission (MIC) to operate an offshore supply base is looking to raise up to $60 million for this investment – through a mix of equity sale and debt funding.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter