July 22, 2014 9:43 AM ET

Industrial Conglomerates

Company Overview of Union of Myanmar Economic Holdings Limited

Company Overview

Union of Myanmar Economic Holdings Limited operates as an industrial conglomerate that engages gem production and marketing, garment factories, wood industries, goods and beverages and other trading companies, supermarket, banking, hotels, tourism, transportation, construction and real estate, computers, telecommunications, electronics and equipment, and steel and cement industries. The company is based in Yangon, Myanmar.

189-191 Maha Bandoola Road

Botahtaung Township

Yangon,  

Myanmar

Key Executives for Union of Myanmar Economic Holdings Limited

Union of Myanmar Economic Holdings Limited does not have any Key Executives recorded.

Union of Myanmar Economic Holdings Limited Key Developments

POSCO Coated & Color Steel Co., Ltd. to Form Joint Venture with Myanmar Economic Holdings Limited

POSCO Coated & Color Steel Co., Ltd. has entered into a joint venture (JV) agreement with Myanmar Economic Holdings Limited (MEHL) to construct a colored steel sheet plant at an industrial complex in Yangon, Myanmar with an annual capacity of 50,000 tons of steel sheet. The JV is named as Myanmar-Posco C&C. POSCO will own a 70% stake and MEHL will own the remaining 30% stake in the JV.

MEHL Plans To Acquire Remaining Stake In Myanmar Brewery

Union of Myanmar Economic Holdings Limited (MEHL) holds 45% stake in Myanmar Brewery Ltd has told Fraser and Neave Ltd. (SGX:F99) (F&N) that it will soon issue a notice of arbitration for a potential claim to acquire remaining stake in Myanmar Brewery. MEHL contends that the joint venture agreement gives it the right to force F&N to sell all its shares in Myanmar Brewery comprises 55% stake. F&N said in a statement on August 29, 2013 that there is no basis for MEHL's move, adding that it has engaged lawyers and "intends to vigorously resist the claim".

Similar Private Companies By Industry

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Union of Myanmar Economic Holdings Limited Asia

Recent Private Companies Transactions

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No transactions available in the past 12 months.
 

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