To support our clients, we have a strong Myanmar practice with a team of dedicated lawyers and consultants with continual active presence in Myanmar. The team is led by our Asia head of corporate Ian Ivory and Manoj Purush, our head of corporate in Singapore.
We also draw on our team Singapore, Hong Kong and London with specialist expertise in banking, construction hotels and arbitration. We have strong relationships with a number of local firms to provide you with a seamless and integrated approach to local and international law services.
Having in-depth experience working in Myanmar, we understand the legal nuances and challenges you may face. Helping you achieve your business objectives is what we strive towards to. We offer:
We understand the legal and political landscape and have a deep understanding of doing business in Myanmar. This is critical when structuring clients’ investments, mitigating risk and ensuring regulatory compliance. In addition, members of the team have worked on the drafting of the proposed new Myanmar Companies Law and have been running seminars in Myanmar and overseas in preparation for its implementation. The process itself has been praised as one of the most open and comprehensive legislative reform processes in Myanmar to date and we will be undertaking ongoing capacity development work as the law is implemented.
We have been assisting foreign investors establish their presence in Myanmar since 2011 when Myanmar began on its road to a disciplined democracy. We have lived, breathe and shaped the investment law framework in Myanmar.
We have advised on complex investment structures and large scale investments in all the key sectors including real estate, telecommunications, consumer goods, hotels, financial services, oil and gas, energy and power.
We are not just commentators; we have real deal experience on-the-ground. We are advising various regional and international MNCs on their investment strategies into Myanmar and their day-to-day operations as well, including relations with regulators, counterparties and employees.
We are advising an international consortium on the development and financing of a mixed-use complex on a 10-acre site in Yangon. The Project consists of the development of two office towers, a business hotel and a serviced apartment building, a branded residential building, a retail podium, car park, public spaces and underlying infrastructure. This is one of the largest and most complex projects in Myanmar and provides much needed critical business infrastructure in Myanmar.
Advising a regional consortium on its fully documented bid for the Myingyan power project in Myanmar.
We recently completed acting for a group of Vendors including YOMA Strategic Holdings Ltd and First Myanmar Investment Company Limited on a reorganisation, spin-off and listing of their tourism-related assets under the Memories Group on the Singapore stock exchange, through the reverse takeover of Catalist-listed SHC Capital Asia Limited (SHC). The Memories Group is only the sixth company with sole operations in Myanmar to be listed on a major overseas exchange and the transaction created the first Singapore-listed, Myanmar-focused tourism company. Upon commencement of trading on the Singapore stock exchange on 5 January 2018, the Memories Group had a market capitalisation of around S$88 million.
We have advised on a number of private equity investments in Myanmar in sectors which has attracted significant interest from foreign investors (including microfinance, oil and gas and consumer goods). We helped investors navigate the regulatory framework to successfully complete the deals.