June 30, 2017

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KBZ Stirling Coleman Securities opens office

KBZ SC Securities Co Lt opens its office at Strand Square. Photo: KBZ
KBZ SC Securities Co Lt opens its office at Strand Square. Photo: KBZ

KBZ Stirling Coleman Securities, an underwriting company that recently received a business permit has opened an office at the Strand Square in Yangon yesterday.
KBZ SC Securities is the first official underwriting company in Myanmar’s stock share market, its purpose is to boost the capital of listed companies and to sell securities in an effort to help people do business and to aid investment, said U Nyo Myint, Senior Executive Director of KBZ SC Securities, at the ceremony to open the office.
KBZ SC Securities will provide brokerage services, deal consultancy and Merger and Acquisition M&A service,
he added.
The ceremony was also attended by Yangon Region Finance Minister Daw San San Nwe, Chairman of Kanbawza Group of Companies Ltd U Aung Ko Win and guests.
KBZ Bank has been chosen as Authorised Fund Settlement Bank of the Yangon Stock Exchange by the SECM.
Following the debut of the Yangon Stock Exchange on 9 December, KBZ SC Securities announced that it is planning to sell securities from six listed companies to the public.
KBZ SC Securities is a joint-venture between the Kanbawza Co Ltd from Myanmar and Stirling Coleman Securities Co Ltd from Singapore.
The Yangon Stock Exchange was inaugurated with on 9 December with plans for six companies to start trading in March.—GNLM


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