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  • Leopard Capital Comments On Myanmar 0 comments
    Apr 13, 2012 12:37 PM

    Leopard Capital which focuses on SE Asia countries like Vietnam, Cambodia, and Laos had comments on Myanmar on Bloomberg TV recently. Thomas Hugger the CEO of Leopard Capital said he expects sanctions to be listed soon and that the way to play Myanmar is via private equity deals as the stockmarket is not open to foreigners and only has two companies that trade.

    Speaking of the Myanmar stockmarket it appears there will be one by 2015 and that it will assisted by the Tokyo exchange and Daiwa Securities.

    A Daiwa spokesperson said it would work with Burma's central bank to establish the exchange by 2015.

    Burma is seeking to attract more foreign investors after decades of strict military rule.

    The resource-rich country held historic by-elections earlier this month which may lead to a more open economy.

    The European Union, United States and Canada are among those looking to relax sanctions on Burma following its political reforms.

    "By establishing Myanmar's first stock exchange... we think we will be able to contribute to developing capital markets in the country," the Tokyo Stock Exchange said in a statement.

    Themes: Myanmar
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