The Great Hor Kham Public Company is one of first companies to be listed on the Yangon Stock Exchange, which opened on December 9. The company, based at Muse in Shan State, was established on December 12, 2012, and its nine-member board of directors are all ethnic Shan who have been friends since university, said the company’s managing director, Sai Ohn Myint. Great Hor Kham Public Company has 500 shareholders. Frontier asked Sai Ohn Myint about his company’s activities and the decision to list on the stock market.
A highly profitable but controversial aviation fuel joint venture has been operating without land lease agreements for four years, drawing scrutiny from lawmakers and the Auditor General’s Office.
BY Kyaw Ye Lynn
