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Myanmar\\\'s electricity supplier to go public

October 20, 2014 00:00:00


YANGON, Oct 19 (Xinhua): Myanmar's Yangon Electricity Supply Board (YESB) said today

that it is planning to transform itself into a listed company for more effective operation.

The YESB will retain 51 per cent of the share, while the public will be offered 49 per cent, officials said, adding that priority will be given to local partners rather than foreign firms.

Myanmar is striving to meet an increasing electricity demand in the country.


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