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July 08, 2020

YSX to link with 50 potential public companies to promote listing

The Yangon Stock Exchange (YSX) will link with 50 potential public companies to promote listing on the YSX. Photo: GNLM/Phoe Khwar

The Yangon Stock Exchange (YSX) will link with 50 potential public companies to promote listing on the YSX, according to a recent report in Myawady Daily.
“We will invite public companies for listing promotion. We will provide information and listing procedures to the interested companies. We will persuade them to invest in YSX,” said U Thet Tun Oo, senior manager of YSX.
The Listing Promotion Seminar is scheduled to be held from 1.30 pm to 4 pm on 5 June and will provide awareness about the listing procedures to the interested public companies and stock market.
At the seminar, Sean Turnell, a special economic advisor, will deliver the keynote speech.
Shares of five listed companies — First Myanmar Investment (FMI), Myanmar Thilawa SEZ Holdings (MTSH), Myanmar Citizens Bank (MCB), First Private Bank (FPB) and TMH Telecom Public Co. Ltd. (TMH) — are being traded on the YSX.
Some 3,485 shares of FMI and MTSH were traded yesterday, at an estimated share value of Ks12 million. The remaining three listed companies registered zero trading during the four matching times per day. The share prices were: Ks11,500 for FMI, Ks2,950 for MTSH, Ks8,000 for MCB, Ks25,000 for FPB and Ks2,900 for TMH.

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