Foreigners can buy shares at YSX in August

Foreigners can buy shares at YSX in August

Foreigners can start buying shares at Yangon Stock Exchange (YSX) starting from August, said U Aung Naing Oo, Director-General of Directorate of Investment and Company Administration (DICA) at an event to clarify the Myanmar Companies Law 2017 and company procedures on 23th July. The companies with a 35-per-cent foreign investment can offer trading service, insurance services and buy apartments and office rooms under this new law, which will take effect on 1st August.

 Source- Daily Eleven

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