IGE Group of Companies
Native name | အိုင်ဂျီအီး ကုမ္ပဏီအုပ်စု |
---|---|
Type | Limited company |
Industry | Timber, Oil & Gas, Electricity, Banking, Hotels, Telecommunications, Construction |
Founded | 1994 |
Headquarters | , |
Owner | Nay Aung Pyi Aung |
Number of employees | 4,000 |
Subsidiaries | Aung Yee Phyo Company United Amara Bank |
IGE Group of Companies (Burmese: အိုင်ဂျီအီး ကုမ္ပဏီအုပ်စု) is one of Myanmar's 5 largest conglomerates, possessing 13 subsidiaries that employ 4,000 people.[1] IGE also possesses Myanmar's second largest timber trading company.[2] It also exports Burmese rice.[2] IGE Group of Companies was established in 1994 in Burma, and registered in Singapore in 2001.[2] The company is also active in the country's oil and gas sector.[2] In 2007, IGE earned over US$75 million in revenues.[1] The company was previously subjected to economic sanctions by the United States government, because of its ties to the State Peace and Development Council, the former military junta.[3]
It is owned by Nay Aung, the son of Aung Thaung, a politician and former military general.[4]
Subsidiaries[]
References[]
- ^ a b Aung Min; Toshihiro Kudo (2014). "Business Conglomerates in the Context of Myanmar's Economic Reform" (PDF). Myanmar's Integration with Global Economy: Outlook and Opportunities. Bangkok Research Report. Archived from the original (PDF) on 24 September 2015. Retrieved 11 July 2015.
- ^ a b c d "BURMA: INDUSTRY MINISTER'S FAMILY BENEFITS FROM CONNECTIONS". Embassy of the United States, Rangoon. Retrieved 11 July 2015.
- ^ Schectman, Joel (31 October 2014). "New Blacklisting Shows Myanmar Business Perilous". Wall Street Journal. Archived from the original on November 8, 2014. Retrieved 11 July 2015.
- ^ "Tracking the Tycoons". The Irrawaddy. September 2008. Retrieved 11 July 2015.
- ^ http://www.igemyanmar.com/our-business/trade/trading/
- ^ http://www.igemyanmar.com/our-business/trade/unog-trading/
- ^ http://www.igemyanmar.com/our-business/trade/ppcl-2/
- ^ http://www.igemyanmar.com/our-business/telecom/
- ^ http://www.igemyanmar.com/our-business/construction-2/future-creator-group-of-construction-co-ltd-fcgc/
- ^ http://www.igemyanmar.com/our-business/construction-2/construction/
- ^ http://www.igemyanmar.com/ige-land-co-ltd/
- ^ http://www.igemyanmar.com/our-business/energy-2/power/
- ^ http://www.igemyanmar.com/our-business/energy-2/oil-gas/
- ^ http://www.igemyanmar.com/grand-amara-hotel/
- ^ http://www.igemyanmar.com/daewoo-amara-hotel/
- ^ http://www.unitedamarabank.com/
- ^ https://www.facebook.com/uabsecurities/
- Conglomerate companies of Myanmar
- Holding companies established in 1994
- 1994 establishments in Myanmar
- Myanmar company stubs