TODAY

Share of MTSH stock to split into 10 units

AN ordinary share of Myanmar Thilawa SEZ Holdings (MTSH) Public Co., Ltd will be split into ten units to enhance share trading and to encourage more investment. The price of the share will be set at Ks1,000 per unit, it is learnt from an announcement released by MTSH.

The ordinary set price of MTSH’s share is Ks10,000 and thus, the price of split unit of MTSH will be Ks1,000. The effective date of the split will be announced soon. The split of share requires an amendment of memorandum of the association. Therefore, the split of shares is subject to approval from the shareholder by way of special resolution at a general meeting which will be held on 23^rd October, it is learnt from this announcement.

Ref: GNLM, 4 October 2016