“The advertisements underscore Singapore’s nascent role as a magnet for Myanmar companies eager to grow as their country emerges from decades of isolation but frustrated by its crippled banking system and barely existing financial markets. The country does have an over-the-counter bourse, the Myanmar Securities Exchange Centre (MSEC), but it has only two listed firms. When the stocks are traded, which is very rarely, payments are normally made in cash. A few companies have gone public, but not on the MSEC. Instead they sell shares from their offices or even in public places, letting people know by taking a newspaper advertisement or just through word of mouth.”
http://in.reuters.com/article/2013/11/11/myanmar-singapore-listings-idINDEE9AA0DA20131111
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