Investing in Myanmar CO-OPERATIVE BANK LTD SINCE 1992

Transcription

1 Investing in Myanmar CO-OPERATIVE BANK LTD SINCE 1992

2 About CB Securities Wholly Owned Subsidiary of CB Bank, third largest bank in Myanmar by Assets Established in 2015 for development of modern capital markets in Myanmar One of first firms to receive underwriting license from SEC Myanmar Unparalleled local knowledge and network

3 SERVICES FOR CORPORATES Unique business model caters to financing needs of full business cycle Corporate Advisory Merger and Acquisition Advisory Restructuring Advisory Pre-IPO Financing OTC or YSX Advisory and Book running IPO Underwriting

4 What CBSC Offers to Foreign Investors Merger and Acquisition Advisory Identifying and suggesting most suitable local partners Primary and Secondary Research Valuation Due Diligence Risk Management Regulatory documentation Co-investors sourcing Negotiation Implementation

5 CBSC Portfolio SEZ Holding Company (YSX listing) Large Scale Commercial Real Estate Development (public offering) Consumer Electronic Manufacturer (valuation, acquisition advisory) Coffee producer (corporate restructuring and investor sourcing) Microfinance company ( recapitalization advisory) Cable Car Project ( Investor Sourcing) IT Distribution company (merger advisory) Piling and Earthquake resistance construction company (merger advisory)

6 Thilawa SEZ A Japanese Investment June 2016 SHARE PRICE Ks 40,000 TOTAL MARKET CAP Ks Billion YSX LISTING OF 3,892,915 Myanmar Thilawa SEZ Holdings Public Limited (MTSH)

7 Recent Over-The-Counter share Issuance

8 Myanmar - The Final Frontier of Asia 65 Billion $ GDP 95% adult literacy rate 54 millions people 1204$ per capita Source: Myanmar.travel 647,578 km2 7.1% annum medium term growth

9 What Myanmar Offers Proximity to most populated countries Vast fertile land and abundant natural resources 1930 km long uninterrupted coastline Large educated workforce Average monthly salary in Japanese Factories in Bangkok 338$, 140$ in Vientiane and 124$ in Yangon $10.00 $9.00 $8.00 $7.00 $6.00 $5.00 $4.00 $3.00 $2.00 $1.00 $0.00 Daily Minimum Wage in US$ Thailand Vietnam Laos Myanmar

10 Investments by countries FDI in Myanmar by Countries China US$ 19.4 billion - 1 st Singapore US$ 18.6 billion - 2 nd 23% 26% Thailand US$ 11 billion - 3 rd 1% China Singapore Thailand Hong Kong US$ 7.8 billion - 4 th 10% Hong Kong Japan Japan US$ 717 million - 11 th 15% 25% Other

11 Priority Investment Promotion Sectors Labour intensive industries Agro-based industries Infrastructure projects Garment Tourism & Hospitality Contract farming Equipment manufacturing Food processing Transportation Energy Construction

12 Businesses in Myanmar 83% of companies are family owned businesses (World Bank Group) CBSC visits promising 5-8 businesses per month across industries to build our own market database and assess investment readiness Many of them looking for investment and strategic partners but majority prefers partners who will also bring technical know-how Numbers of Companies Registered Each Year (till Nov) *Total Numbers of Companies 59,697 ( Nov- 2017)

13 Myanmar Economy Outlook Continuing high Growth More FDI Accommodating legal and regulatory reforms Slow but steady infrastructure improvements Good handling of Budget deficit by Government ( under 5% of GDP) Transparency and CSR on the rise ( MCRB report )

14 Japan s Continued Confidence in Myanmar Source : JETRO

15 Invitation Japan and Myanmar has great chemistry and great relationship Japanese Goods enjoys high consumer confidence in Myanmar Myanmar has raw materials but lacks the technology knowhows to produce high value goods Thilawa SEZ, the most successful SEZ in Myanmar, a Japanese experiment and Investment Myanmar comparable to Vietnam 10 years ago We invite Japanese businesses to invest in Myanmar the last frontier of Asia

16 Key Personnel U Thaung Han (Managing Director) thaunghan@cbsecurities.com.mm Mr. Thaung Han is a member of management committee at CB Bank. He oversees both CB Securities and CB Insurance. He has a strong background in corporate strategy, banking and finance in the local market. He holds an MBA from Jianan University and a B.Eng. (Mechanical Engineering) from Rangoon Institute of Technology. He is also the secretary of Myanmar Insurance Association and the joint secretary of Myanmar Pulses, Beans & Sesame Seeds Merchant Association. Mr. Toh Kai Leong (Head of Corporate Banking) Toh Kai Leong joined CB Bank since Mar, 2015 bringing with him 35 years of experience working in commercial and wholesale banking in the areas of corporate lending, project financing and syndications as arrangers and facility agency. He has also worked in investment banking dealing with securities, capital markets; share margin financing and private banking. Prior to joining, he was the Regional Credit Risk Manager in OCBC s private banking, Singapore and before that as Managing Director and Head of Corporate Banking in ING Bank, the largest Dutch Bank. Mr. Toh graduated from the National University of Singapore with a degree in Business Administration.

17 Key Personnel Terence Chin Hung Lo (Senior Vice President - IPO & Advisory, Deputy Head of Corporate Banking) Terence specialize in IPO and Merger & Acquisition in CB securities and is also managing the corporate banking team for CB bank. Before CB, he was in Myanmar Tourism bank as an advisor in corporate finance and advisory. Terence has a 8 years investment and corporate advisory career in Citigroup located in New York, United States and Hong Kong, China. He has master degrees from Columbia University and Carnegie Mellon University in United States, and is also a Chartered Alternative Investment Analyst (CAIA) certified by Chartered Financial Analyst (CFA) institute. Nang Hnin Shwe Yee Htoo (Equity and Market Research) Nang has expertise in conducting both primary and secondary research. After receiving her Master Degree of Business Administration (MBA) from Yangon Institute of Economic (YIE), she joined MMRD as Research Executive and was responsible for conducting different kinds of business and industrial research through analysis, interpretation of research findings and writing industrial syndicated reports. Before joining CB Securities, she assisted Research Director in engaging client relations, project management and general management and acted as a focus group Moderator in some qualitative projects. She has also volunteered as an organizer for Myanmar Marketing Services Association (MMSA) Seminars and ESOMAR trainings which are aiming not only to share knowledge, expertise and in-depth understanding of the Myanmar markets and its consumers.

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19 CO-OPERATIVE BANK LTD SINCE 1992 CONTACT #03-04, Union Financial Center, Corner of Mahabandoola Road & Theinphyu Road, Yangon, Myanmar Tel: , contact@cbsecurities.com.mm Fax:

20 THANK YOU