YSX licence application window extended

Companies wishing to operate on the Yangon Stock Exchange, due to open later this year, can now apply for licences until 6 March. The deadline for underwriting, trading, brokerage and consultancy firms has been extended from 27 February, according to the Office of the Securities and Exchange Commission in Rangoon. More than 100 applications have been made so far, and successful applicants will be announced around mid-April, an official is quoted as saying in state-run Global New Light of Myanmar.