Singapore’s SMI sells telecom tower business in Myanmar for $12.7m

Singapore’s SMI sells telecom tower business in Myanmar for $12.7m

Visual from comapny's website

Singapore’s main board listed Singapore Myanmar Investco (SMI) – that has made a foothold in a number of business including the consumer related businesses and services in Myanmar – is divesting its telecommunications tower business to Hong Kong’s Shining Star International Holdings Limited for about $12.7 million.

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