Stock Exchange: Awareness Seminar

Aiming to raise awareness about the 17 criteria for the public companies, seminar on stock exchange was held in Yangon, Sunday.

17 criteria for public companies were announced last month by Securities and Exchange Commission. The listed companies will be announced to apply next week according to the official of the Ministry of Finance.

DEPUTY MINISTER, MINISTRY OF FINANCE, H.E. DR. MAUNG MAUNG THEIN: We are now scrutinizing the monetary cases of the applied securities companies who will participate in the Yangon Stock Exchange and will offer license to winners in this month. As we have already set  17 criteria for the listed companies, we will announce them to apply next week. We took survey the listed companies in the last week to know about the interests of public companies in the Stock Exchange.

The organizer also said that the criteria are very crucial for the listed companies to operate the stock exchange.  

EXECUTIVE DIRECTOR, WORLDLINK EXPRESS SHIPPING CO., LTD., AUNG SOE OO: The listed companies have to be transparency about their accounts when they participate in the stock exchange. It’s very important for the investors. Only when the listed companies qualify these criteria, there will be no more risks for the investors.

Yangon stock exchange market will start in coming December this year, according to official.