REG - Myanmar Investments - Development in Myanmar

Myanmar Investments InternationalAnnouncement

01/02/2021 09:35

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 this 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
Myanmar Investments International Limited +95 (0) 1 387 947
nickparis@myanmarinvestments.com
Nominated Adviser
Philip Secrett / Jamie Barklem / Seamus Fricker
Grant Thornton UK LLP
+44 (0) 20 7383 5100


CFO
Myanmar Investments International Limited +95 (0) 1 387 947
michaelrudolf@myanmarinvestments.com
Broker
William Marle / Giles Rolls
finnCap Ltd
+44 (0) 20 7220 0500



 
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.
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
  END
 
 
MSCUAUKRAKUURRR