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(95-1) 861 0479

Myanmar Agro Exchange Public Co., Ltd. (MAEX)

MAEX (code: 00008)

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Our company’s primary business is operating the wholesale market and its value
chain for fruits, vegetables, flowers, and agricultural commodities. We have
developed the Danyingone Wholesale Market in Insein, Yangon, with the aim of
providing international-level infrastructure for conducting agricultural trade
between the commercial capital of Myanmar and growers, producers, and farmers
all across Myanmar. It has a diverse cluster of businesses involved in wholesale
trading, fresh fruit and vegetable retailing, and business service providers. The
objective of the investment will not only be financial gains but also building links
between farmers, consumers, local traders, and exporters for price stability and
supply and demand equilibrium. Line of business of MAEX Co; is to invest in value
adding, integration and strengthening of supply chain in agriculture sector.
Through our investments, we will improve the living standards of farmers and
others dependent on agriculture and also create value-added agriculture products
and industries.

Stock Information

Disclosure

Company History

Stock Fundamentals

Close price Volume Change KS. Change%
1,750 5,322 50 2.78

More information…

Historical price

Date Open Close Trading Volume (Shares) Trading Value (MMK) Market Capitalization (mil MMK)
28th September 2023 1,750 1,750 5,322 9,303,500 41,659
27th September 2023 1,700 1,800 980 1,555,100 42,849
26th September 2023 1,700 1,750 391 674,250 41,659
25th September 2023 1,750 1,750 3,417 5,814,750 41,659
22th September 2023 1,750 1,750 2,610 4,557,500 41,659
21th September 2023 1,750 1,750 7,073 12,377,750 41,659
20th September 2023 1,800 1,800 20 36,000 42,849
19th September 2023 1,800 1,800 11 19,800 42,849
18th September 2023 1,750 1,800 503 880,400 42,849
15th September 2023 1,750 1,750 9,668 17,374,000 41,659
14th September 2023 1,800 1,750 8,664 15,205,200 41,659
13th September 2023 1,800 1,800 1,891 3,353,800 42,849
12th September 2023 1,800 1,800 222 399,600 42,849
11th September 2023 1,800 1,800 5,798 10,436,400 42,849
8th September 2023 1,800 1,800 100 180,000 42,849
7th September 2023 1,800 1,800 1,114 2,005,200 42,849
6th September 2023 1,850 1,850 259 479,150 44,039
5th September 2023 1,800 1,850 305 549,250 44,039
4th September 2023 1,900 1,800 1,039 1,880,600 42,849
1st September 2023 1,900 1,900 1,687 3,205,300 45,229
31th August 2023 1,900 1,900 584 1,084,600 45,229
30th August 2023 1,850 1,900 1,374 2,582,400 45,229
29th August 2023 1,850 1,850 5,157 9,540,450 44,039
28th August 2023 1,850 1,850 630 1,165,500 44,039
25th August 2023 1,900 1,900 50 95,000 45,229
24th August 2023 1,900 1,900 1,011 1,871,550 45,229
23th August 2023 1,900 1,900 2,929 5,465,100 45,229
22th August 2023 1,950 2,000 13,822 27,550,500 47,610
21th August 2023 1,950 1,950 7,578 14,777,100 46,420
18th August 2023 1,950 1,950 4,638 9,044,000 46,420
17th August 2023 1,950 1,950 1,795 3,500,250 46,420
16th August 2023 1,950 1,950 148 288,600 46,420
15th August 2023 1,950 1,950 2,274 4,384,300 46,420
14th August 2023 1,900 1,900 3,845 7,305,500 45,229
11th August 2023 1,900 1,900 3,961 7,525,900 45,229
10th August 2023 1,900 1,900 2,315 4,398,500 45,229
9th August 2023 1,900 1,900 6,736 12,798,400 45,229
8th August 2023 1,900 1,900 1,223 2,323,700 45,229
7th August 2023 1,900 1,900 247 469,300 45,229
4th August 2023 1,950 1,900 5,140 9,767,250 45,229
3th August 2023 1,900 1,900 5,600 10,640,000 45,229
2nd August 2023 1,900 1,900 1,447 2,723,600 45,229
31th July 2023 1,800 1,850 7,831 14,265,250 44,039
28th July 2023 1,800 1,800 12,821 22,922,800 42,849
27th July 2023 1,750 1,750 33,972 59,451,000 41,659
26th July 2023 1,750 1,750 9,211 15,704,250 41,659
25th July 2023 1,700 1,750 1,041 1,781,750 41,659
24th July 2023 1,700 1,750 6,105 10,433,450 41,659
21th July 2023 1,700 1,700 31,863 54,167,100 41,659
20th July 2023 1,700 1,750 16,025 27,543,800 40,468
18th July 2023 1,700 1,750 31,858 55,001,550 41,659
17th July 2023 1,750 1,750 35,567 61,759,500 41,659
14th July 2023 1,750 1,750 10,046 17,579,750 41,659
13th July 2023 1,750 1,750 12,659 21,978,250 41,659
12th July 2023 1,750 1,800 17,077 29,938,600 42,849
11th July 2023 1,850 1,800 26,055 46,908,250 42,849
10th July 2023 1,800 1,850 30,804 56,002,900 44,039
7th July 2023 1,800 1,800 36,095 64,971,000 42,849
6th July 2023 1,750 1,800 38,733 69,116,900 42,849
5th July 2023 1,850 1,800 83,331 151,402,700 42,849
4th July 2023 1,850 1,800 75,227 138,215,200 42,849
3nd July 2023 1,800 1,850 112,473 202,946,450 44,039

 

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