• Kyodo

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Daiwa Securities Group Inc. will advise Myanmar’s Asia Green Development Bank as it prepares to go public on the country’s stock market, expected to be established in late 2015.

At the signing ceremony of an agreement Monday, Than Yi, chairman of the bank, said he hopes the initial public offering process will be successful and his bank, a unit of the Htoo Group, one of the major conglomerates in Myanmar, will become the first publicly traded company in the country.

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