MAEX (code: 00008)

Our company, MAEX, was established on September 14, 2015, after Dagon
International Ltd. won the tender to develop, construct, and manage New
Danyingone Wholesale Market as a Public-Private Partnership (PPP) model with
Yangon City Development Committee (YCDC), with a commitment in the tender
to establish a public company to carry out the business with Dagon International
Ltd. holding 45% of the shares to start with and allowing the public to hold shares
in the newly formed company. Dagon International Ltd. is the flagship company
of the Dagon Group of Companies. Dagon Group of Companies is one of the most
highly regarded and diversified groups in Myanmar. Dagon Company started its
business in 1990 as a trading company and now operates as a group of companies
in various sectors, which include agriculture, property development and
construction, hospitality management, retail and distribution, manufacturing,
automobiles, food, logistics, and petroleum.
On February 22, 2016, the Yangon City Development Committee and MAEX
signed an agreement on the implementation of the Insein Township Danyingone
Fruit and Vegetable and Horticulture Wholesale Market.
MAEX was permitted to IPO as an unlisted public company by SECM on January
11, 2017.
On September 9, 2017, the Myanmar Investment Commission (MIC) approved the
construction and implementation of Danyingone Wholesale market was granted.
On January 30, 2018, the Grand Opening Ceremony of Phase (1) Danyingone
Wholesale was held, and now there are 1724 wholesalers and retailers in the
market.
MAEX was approved to be listed on the Yangon Stock Exchange (Main Board)
on 12th June 202