December 14, 2017

SECM issues warning over possible illegal trading of YSX stock

Journalists gather outside the Yangon Stock Exchange centre on 9 December 2015.
Journalists gather outside the Yangon Stock Exchange centre on 9 December 2015.

THE Securities and Exchange Commission of Myanmar announced on Monday that it intends to identify and take action against any persons or companies that sell stocks by illegal or non-transparent means, for example via social.
The Commission said permission has been granted to establish the Yangon Stock Exchange and to set up the Securities Companies in line with the securities exchange law.
The YSX was officially launched on 9 December with 6 selected Myanmar companies qualified to be listed for trading.
Trading is expected to begin by March at the latest.

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