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Allen & Gledhill (Myanmar) celebrates its first year in Yangon
13 Mar 2015

​Allen & Gledhill's associate firm, Allen & Gledhill (Myanmar), celebrated its first year in Yangon, Myanmar with a seminar and reception at Kandawgyi Palace Hotel on Friday, 6 March 2015. Since it opened in February 2014, Allen & Gledhill (Myanmar) has been involved in a number of notable transactions, including offshore financing for projects in a variety of sectors such as power, agriculture and real estate, a joint operating agreement for onshore oil blocks between a Myanmar company and a foreign firm and, in particular, the first condominium project by a foreign developer approved by the Myanmar Investment Commission.

Graced by His Excellency, Robert Chua, Singapore Ambassador to Myanmar, the event received around 100 clients and friends from Myanmar and beyond, including Singapore, Malaysia, Hong Kong, Thailand and Japan.

The event began with an introduction by Minn Naing Oo, Managing Director, Allen & Gledhill (Myanmar) and Partner, Allen & Gledhill followed by welcome remarks from Lucien Wong, Chairman and Senior Partner, Allen & Gledhill and lastly, an opening address by His Excellency Robert Chua.

Minn said “It is an exciting time for Myanmar right now. Foreign investments have increased significantly. There have been major revisions to important legislations since 2011 and we are expecting more to be passed in the coming months. Our team of lawyers has been kept busy in the past year and it is especially gratifying for us to be involved in many first-of-its-kind transactions.”

The event programme included a panel discussion on Myanmar’s investment environment, focusing on recent developments in legislation, with the panelists sharing their respective observations. Topics covered included the proposed new draft Investment Law and Companies Law, latest developments in the banking and real estate sectors as well as the new arbitration regime. The panelists were Partners from the Allen & Gledhill regional network of law firms, namely, Allen & Gledhill (Myanmar) and Rahmat Lim & Partners.

The event rounded off with a reception where guests from across countries and industries mingled and networked with one another.

For more information about Allen & Gledhill (Myanmar), please click here.

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