January 12, 2018

AGV Group has entered into a memorandum of understanding (MOU) with Myat Mi Ba Company (MMB), to incorporate a new joint venture company in Myanmar for the purposes of providing hot dip galvanising services to the Myanmar market. MMB was founded in 2013 in Yangon, Myanmar and is principally engaged in construction work. In 2016, MMB further invested in a steel fabrication factory to boost its “one-stop” business approach in the construction sector. Share price closed at S$0.125