Amata Holding Public Company announced the shares issue to public who are interested in hotel and tourism industry in Myanmar on August 26 at Sedona Hotel. The event was attended by analysts, professionals from hotel and tourism industry, interested public and media.
Dr. Maung Maung Thein, former Finance Deputy Minister and former Chairman of the Securities and Exchange Commission of Myanmar explained the brief preview of capital market and its potential and May Myat Mon Win, Chairwoman of Myanmar Tourism Marketing and General Manager of Chatrium Hotel Royal Lake Yangon discussed tourism in Myanmar.
Dr. Maung Maung Thein said, “At the current situation in Myanmar, capital market is at developing stage and when the market develop from time to time, the investors who invest at this time will get many benefits. For long-term security, it is better to invest in strong standing companies in market than start-up companies or businesses. “May Myat Mon Win said, “There will be future good potentials regarding hotel and tourism industry and government officials from hotel and tourism industry and professionalisms is corporating to promote tourist arrivals in Myanmar.” Amata Holding Public Company operates hotel, ballooning and other tourism related businesses and also aims to build and invest in budget hotel in other cities. The company plans to extend into businesses such as travel and tour, transportation, restaurants, sale of beverages and tourists sightseeing.
The number of available company’s shares is 2,000,000 shares with 5,000 Kyats per share. The offer period is from August 20 to September 21. The public can purchase shares at AYA Trust, CB Securities, KBZ Stirling Coleman Securities, KTZ Ruby Hill Securities, UAB Securities or Amata Holding Public Company’s office.
