Duane Morris & Selvam has advised First Myanmar Investment (FMI) on the listing of its shares on the newly opened Yangon Stock Exchange (YSX), the first stock to be listed on the bourse since it was launched in December. 

Partners Jamie Benson in Singapore and Mark D'Alelio in Yangon led the Duane Morris & Selvam team in handling this transaction.

Owned by local tycoon Serge Pun, the conglomerate’s core businesses are in the real estate, health care and financial services industries. It also has investments in retail and tourism businesses as well as a company involved in the development of Myanmar’s Thilawa Special Economic Zone, which is jointly operated by the government and a Japanese group. 

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