Japan Exchange Group, Inc. (hereinafter "JPX") today established a Yangon Stock Exchange Business Setup Unit.
A stock exchange preparation company has been already established following the December 23, 2015 signing of the joint venture agreement for the establishment of Yangon Stock Exchange (hereinafter "YSX") between Daiwa Institute of Research Ltd. (hereinafter "DIR"), and Myanma Economic Bank (hereinafter "MEB"), a state-owned bank under the Ministry of Finance of the Republic of the Union of Myanmar (hereinafter "MOF").
The new Yangon Stock Exchange Business Setup Unit will accelerate our assistance for establishing YSX and starting operations in 2015 after receiving a stock exchange permit from the Myanmar authorities.
JPX will continue to contribute to the development of Myanmar's capital market and the expansion and deepening of economic relations between Japan and Myanmar through the establishment of YSX. We appreciate your continued cooperation and support.
※ Signing of Joint Venture Agreement to Establish Yangon Stock Exchange
FTSE Mondo Visione Exchanges Index:
Japan Exchange Group: Establishment Of Yangon Stock Exchange Business Setup Unit
Date 01/04/2015