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Sweetening the deal: Big Sugar appeals to investors

DagonKhan
in Myanmar General Chat

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Sweetening the deal: Big Sugar appeals to investors

Myanmar Sugar Development Public Company is planning another share sale to invest in Thilawa SEZ and also finance a sugar processing factory, according to company directors.

sugarcane.jpg

Workers stack raw sugar cane for transport to market. Photo: Staff

The firm is planning to sell 500,000 shares at K11,000 a piece in the coming funding round, with prices K1000 more expensive than its first issue of 1 million shares, directors said at the company’s annual meeting on August 17.

Continues here:- http://www.mmtimes.com/index.php/business/11578-myanmar-sugar-to-issue-more-shares.html

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