“There is still much to do before the Yangon Stock Exchange, Myanmar’s first modern bourse, opens. While KBZ has been selected as the settlement bank and Japan Exchange Group, Daiwa Securities’ information-gathering arm and state-owned Myanma Economic Bank have signed a joint venture agreement to establish the exchange, some critics say the pace of progress has been slow.  The underwriters, brokers, dealers and advisers for the exchange have not yet been selected. A total of 57 applications were received in April, though the winners will not be announced until June.  [The criteria] that companies must meet to list will be released as early as this week.”

http://www.mmtimes.com/index.php/business/14785-quality-the-priority-over-timing-for-yangon-exchange.html

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