Events

Game Change: DICA Now Allows Transfer of Shares in Myanmar Company to Foreigners – Impact on M&A and Finance

March 07, 2017 - 09.00am to 11.00am
Location: Yangon

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Game Change: DICA Now Allows Transfer of Shares in Myanmar Company to Foreigners –
Impact on M&A and Finance
Client Briefing
7 March 2017
Yangon
 
In a game-changing move, the Directorate of Investment and Company Administration (“DICA”) has for the first time implemented a transfer of shares in a company wholly owned by Myanmar citizens and registered as a Myanmar Company (“MC”) to a foreigner, without incorporating a new legal entity. VDB Loi initiated the solution to this issue with DICA, suggested how to make the process suitable, and worked with the authorities to implement this pioneering remedy.
 
In this unique breakfast briefing, VDB Loi’s experts will provide you exclusive details on this development, what it means for Myanmar Companies and foreigners, and its significance in Myanmar’s rapidly evolving corporate landscape.
 
Highlights:

  • What are the new opportunities now open to Myanmar groups of companies?
  • What is the difference with the New Companies Act?
  • Case study: How to proceed? How long does it take?
  • Issuing new shares or transfer of shares from Myanmar nationals to foreign buyers
  • Which activities would have to be stopped when the Myanmar Company is converted to a Foreign Company?
  • Practical tips, convertible loans, effect on financing structures
This event is by invitation only and free for VDB Loi clients (up to two persons per company). To request an invitation kindly click on the RSVP link in our Event Details section. We would like to get to know your business partners! If you bring your business partner to the event, both of you attend for free! Seats are limited. Venue confirmation will be sent at a later date.
 
VDB Loi is a network of leading law and tax advisory firms with offices in Cambodia, Indonesia, Laos, Myanmar and Vietnam.
Our general areas of practice are corporate, finance, licensing and disputes.
Our principal specialized areas of practice are energy, infrastructure, real estate and construction , telecom and taxation.
Regards,

Edwin Vanderbruggen | Senior Partner
M: +95 (0) 9421156078 | W: www.vdb-loi.com
Yangon: T:+95 1371902/1371635 Level 8, Centrepoint Towers, 65 Sule Pagoda Rd & Merchant Street
Nay Pyi Taw: T: +95 678108091 No. S-204 Tha Pyay Kone Ward, Zabu Thiri Township

EVENT DETAILS
 
Date: 
7 March 2017

Time: 
09.00 am to 11.00 am
Registration starts at 08.30 am, the session will commence at 09.00 am.

Venue:
Yangon
To be confirmed on registration

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