Thilawa SEZ Holdings sells more shares

Myanmar Thilawa SEZ Holdings Public Co Ltd, (MTSH) has once again started selling shares to the public ahead of the establishment of the stock exchange in 2015, the president of the company said.

“We will trade company’s shares before the launch of the stock exchange,” said U Win Aung, the president of MTSH, which is one of the two Myanmar companies that have formed a joint venture with two Japanese companies to handle the development of the Thilawa SEZ in the outskirts of Yangon.

The public company has opened a share trading and information counter at its office located at the headquarters of the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI), he said.

MTSH, after securing the licence from the government in 2013, has set up as a public company and has since sold more than three million shares.

“The Thilawa SEZ is a long-term investment and unlikely to return any profit in the short term. The company has been shaken a little bit in recent months because of the resignations of two major executives,” said U Tin Than Oo, an economic and legal advisor to the company.

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Following vacancies can be applied for (only in Singapore).   

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Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.