We are delighted to have advised Myanmar Investments International Limited on their admission to AIM.
The majority of EU sanctions in relation to doing business in Myanmar have been lifted, making it a true frontier economy. This has opened up Myanmar to investment from global markets.
There are a wealth of opportunities available to investors into Myanmar and our client, Myanmar Investments International Limited (Myanmar Investments), immediately saw the opportunity to move first.
As the leading nominated adviser for bringing investment companies to AIM and our 10-year successful track record of working with emerging market fund managers, Myanmar Investments selected us to advise on and manage their admission to AIM.
Our team worked with Myanmar Investments to identify the risks and challenges a frontier market such as Myanmar presents and we successfully guided the company through the flotation process.
Myanmar Investments raised US$6.1 million from global institutions and other investors, and Myanmar Investments was admitted to trading on AIM with a market capitalisation of US$6.7 million on Thursday 27 June under the ticker MIL.
Having raised the initial capital it required to achieve its AIM quote, Myanmar Investments is now busy developing a pipeline of exciting investment opportunities before it returns to its investors to raise further funds.