Myanmar stock exchange listed companies


The Myanmar Securities Exchange Centre (MSEC), located in Yangon, Myanmar, is the country's only stock exchange.The exchange, a 50-50 joint venture between the state-owned Myanma Economic Bank and the Daiwa Securities Group, currently lists only two securities, both of which are rarely traded. They must file a prospectus with the SECM to receive approval for offering shares. The Myanmar Securities Exchange Centre was formed with an authorized capital of 17 million USD and paid-up capital of 3.4 million USD in June 1996.Currently, the Myanmar exchange is dormant considering that no new companies are listing in the bourse.


But, with Myanmar being an emerging market and appearance of all manner of public companies the criteria unavoidably became 17 in number. July 27, 2020Three more companies are likely to get listed on the Yangon Stock Exchange (YSX) in 2020, according to the Securities and Exchange Commission of Myanmar (SECM).

The Yangon Stock Exchange (Burmese: ရန်ကုန်စတော့အိတ်ချိန်း; abbreviated YSX) The stock exchange opened on December 2015, at the former Central Bank of Myanmar and Myawaddy Bank headquarters in Yangon. Just being a public company is not enough. Stock exchange is, basically, about public listed companies.

PEOPLE’S interest in trading on the Yangon stock exchange does not seem to be growing 18 months after its launch but more companies are nevertheless keen to be listed, say officials. In 2011, the government of The Yangon Stock Exchange, expected to open by October 2015, will be run by Yangon Stock Exchange Joint-Venture Company Limited, a joint venture company with Myanma Economic Bank (51%), the Daiwa Institute of Research Ltd of the The new exchange still faces many challenges. We already have securities companies in Myanmar. Then the criteria are oriented towards three major factors. Stock exchange is only part of financial institution.

Internationally there are ten criteria for a company to be listed on a stock exchange.

No new companies have signed up beyond the first two, and there is little trading.

Yangon Stock Exchange also has them as a base.

For it to function well, stock exchange needs stockbrokers, and this service is provided by securities companies.

Instead, the government plans to set up another bourse. Three more companies are likely to get listed on the Yangon Stock Exchange (YSX) in 2020, according to the Securities and Exchange Commission of Myanmar (SECM).

A 2011 Reuters report states that the exchange had no trading floor, and had eight employees who handled over-the-counter transactions and manually updated share prices, using a whiteboard, a marker pen and a stencil whenever a customer dropped by.The MSEC is slated to be replaced by a new full-fledged exchange. Myanmar Securities and Exchange Commission allows foreign participation in daily share trading of listed companies on the Yangon Stock Exchange Allen & Gledhill is one of the largest and leading law firms in Singapore, with a notable and increasing presence in the South-east Asian region. By one estimate, less than one-third of the approximately 70 local public companies in the country are expected to qualify for listing.

“The companies will be listed on the exchange in early 2020.

In an effort to increase foreign investment in Myanmar and allow foreigners to directly invest in the companies listed with the Yangon Stock Exchange (“YSX”), the YSX recently published a framework and schedule (“FS”) on 6 September 2019.The FS permits foreigners to invest in the shares of companies listed on the YSX and would be effective from November 2019 [1]. This over-the-counter (OTC) market is planned to be replaced by the Yangon Stock Exchange by 2015.

Yangon Stock Exchange launched Online Trading System for securities companies January 10, 2018 by thiha On December 26, 2017, SECM granted the approval for online trading to a handful of securities companies, which passed online trading tests and are ready for the system. Representatives from Daiwa Securities Group (Myanmar Branch) noted that Yangon Stock Exchange (YSE) will start in 2015.



Even those that qualify may still not list for the same reasons—especially the issue of taxes—that have prevented them from listing on the MSEC in the first place.According to deputy minister of the Ministry of Finance and Revenue
The The MSEC is the country's second stock exchange after the Another military government came to power in 1988, and it allowed the state-owned Myanma Economic Bank to form a 50-50 joint-venture with Daiwa Securities in April 1996. The effort to open YSE is fully supported by Myanmar Government with assistance of Daiwa Securities. It is expected that 3 to 5 companies will be listed in YSE within the first 6 months.

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