Yangon Stock Exchange discusses pre-listing board and consultant appointment

The Yangon Stock Exchange (YSX) held a talk on the pre-list­ing board and appointed a reg­istered consultant on 25 May. The YSX also announced that Asia Pacific Business Group Public Co Ltd is making efforts to register as a pre-listing public company at the YSX.

 

Myanmar Enterprise Solu­tions’ CEO and Founder, U Myo Hein, stated, “APC Company appointed us as the registration officer as part of the prepara­tions for the pre-listing board. Although the YSX has been in development for eight years, public interest remains low. Due to the stringent criteria, many companies fail to meet the nec­essary standards. The pre-list­ing board was established in 2022, and in 2024, there are three registered companies.”

 

A Memorandum of Under­standing for mutual coopera­tion was signed to facilitate APC Public Holding Limited’s entry into the YSX Pre-listing Board.

 

During the talk, U Than Lwin, former deputy governor of the Central Bank of Myanmar and Senior Advisor to Kanbawza Bank, delivered the opening re­marks. Additionally, U Myo Min (Director of DICA), U Thet Tun Oo, Executive Senior Manager, YSX, and Daw Tin May Oo (Ad­visor to SECM) discussed what companies need to prepare to enter the pre-listing board, knowledge on PLB readiness, and the steps local companies should take amid declining foreign investments. — Pwint Thitsa/ TMT