“Myanmar’s Deputy Finance Minister, Maung Thein, has announced that the over-the-counter Myanmar Securities Exchange Centre (MSEC) will be replaced with the Yangon Stock Exchange in October 2015. So far, ten companies are expected to meet the criteria for initial listing on the exchange. The Yangon Stock Exchange Joint Venture Co. is being developed in partnership with two Japanese firms, the Daiwa Institute of Research Ltd, which holds a 30.25 per cent stake, and the Japan Exchange Group, with an 18.75 per cent stake.”
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