Myanmar Investments Intl Ltd Development in Myanmar (5239N)
01 February 2021 - 8:31PM
UK Regulatory
TIDMMIL
RNS Number : 5239N
Myanmar Investments Intl Ltd
01 February 2021
This announcement contains inside information 1 February
2021
Myanmar Investments International Limited
Development in Myanmar
Myanmar Investments International Limited [AIM: MIL] ("MIL" or
the "Company"), the AIM-quoted Myanmar focused investment company,
today announces that t his morning Myanmar's military have detained
Aung San Suu Kyi, the leader of the National League for Democracy
and have consequently declared a one-year state of emergency.
Communications in country had been affected but appear to be
resuming.
We are closely monitoring the situation and will inform MIL
shareholders as events unfold.
MIL shares and warrants were temporarily suspended at the
Company's request at 8 am today and will remain suspended until
such time there is clarity on the events in Myanmar and their
impact on the Company.
For further information please contact:
Nick Paris Michael Rudolf
Managing Director CFO
Myanmar Investments International Myanmar Investments International
Limited +95 (0) 1 387 947 Limited +95 (0) 1 387 947
nickparis@myanmarinvestments.com michaelrudolf@myanmarinvestments.com
Nominated Adviser Broker
Philip Secrett / Jamie Barklem William Marle / Giles Rolls
/ Seamus Fricker finnCap Ltd
Grant Thornton UK LLP +44 (0) 20 7220 0500
+44 (0) 20 7383 5100
For more information about MIL, please visit
www.myanmarinvestments.com
Notes to Editors
Myanmar Investments International Limited (AIM: MIL) was the
first Myanmar-focused investment company to be admitted to trading
on the AIM market of the London Stock Exchange. MIL was established
in 2013 with the intention of building long-term shareholder value
by proactively investing in a diversified portfolio of Myanmar
businesses that will benefit from the country's re-emergence and
ongoing economic development. The Company is led by an experienced
and entrepreneurial team who between them have considerable
industrial, corporate and financial management experience. At the
Annual General Meeting on 24 October 2019, the Company's
shareholders approved a change in the investment policy of the
Company to now seek to harvest the Company's investments over
time.
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END
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