In December 2014, Myanmar signed an agreement to set up its first stock exchange. The Yangon Stock Exchange Joint Venture Co. Ltd will be set up with Myanma Economic Bank sharing 51 percent, Japan's Daiwa Institute of Research Ltd 30.25 percent and Japan Exchange Group 18.75 percent. The Yangon Stock Exchange (YSX) officially opened for business on Friday, March 25, 2016. First Myanmar Investment Co., Ltd. (FMI) became the first stock to be traded after receiving approval for an opening price of 26,000 kyats ($22). COUNT 5
QSN1 What occurred in the winter of 2014 of significance for Myanmar ? ANS1 December 2014, Myanmar signed an agreement to set up its first stock exchange QSN2 What is the name of the business that first rang a bell to begin in the winter of 2014 in Myanmar ? ANS2 Yangon Stock Exchange Joint Venture Co. Ltd QSN3 W is set to to be the major stock holder of the business that first rang a bell to begin in the winter of 2014 in Myanmar ? ANS3 Myanma Economic Bank sharing 51 percent QSN4 Did other countries actively participate in business that first rang a bell to begin in the winter of 2014 in Myanmar ? ANS4 Japan's Daiwa Institute of Research Ltd 30.25 percent and Japan Exchange Group 18.75 percent. QSN5 What day did the business that first rang a bell to begin in the winter of 2014 in Myanmar open its doors to customers? ANS5 Yangon Stock Exchange (YSX) officially opened for business on Friday, March 25, 2016.