Written by Admin on December 10, 2013. Posted in Business, News
Asian Green Development Bank has started preparations for registering at the stock exchange that is scheduled to take shape in 2015, according to Modern News Journal.
It has hired Japan-based Daiwa Security Group for IPO Engagement Contract.
The signing ceremony of IPO Engagement Contract between Asian Green Development Bank and Daiwa Securities Group was held on December 2.
The Daiwa Company is a partner company for translating the Myanmar's first-ever stock exchange into reality.
The Daiwa Company will provide legal, accounting and technical consultations to the AGD Bank owned by Myanmar tycoon Teza to enable it to register at the stock market.
According to a senior government minister, only four companies in Myanmar are currently qualified to register at the stock exchange.
Another tycoon Zaw Zaw also tried to register his energy arm Max Energy at Singapore stock exchange in vain.
http://www.information.myanmaronlinecentre.com/agd-daiwa-sign-ipo-engagement-deal/
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