Introduction
Myanma Agricultural & General Development Public Co., Ltd (MAGDPL), the first-ever registered company on the Pre-Listing Board (PLB), is scheduled to sell its shares on 14 August 2024, according to the Yangon Stock Exchange.
The MAGDPL was established as a public company on 11 September 2021, led by the majority of the executives of Myanmar Pulses, Beans, Maize and Sesame Seeds Merchants Association. As of 31 March 2024, 109 shareholders invested in the company, holding 1,006,035 shares. The market value of the total shares is over K10 billion (a share is worth $10,000).
MAGDPL entered into a 50-year BOT (Build-Operate-Transfer) agreement with Myanma Port Authority for Thilawa Port Area Plot No 29 on 27 April 2016 to proceed with the project outlining the development and construction of an international jetty along with associated facilities are to facilitate commercial activities within the Thilawa Port area.
It also received a certificate to establish an international standard Myanmar Commodity Exchange Centre on 24 March 2016 that can conduct all spot and future transactions of agricultural and oil seed products as per the global rules and regulations, without the need for trust-based practices.
Throughout the past 8 years, MAGDPL has invested in the Companies which is developing Special Economic Zones, a Telecommunication Company and a multi-purpose container and bulk international port terminal. It has also participated in the export of beans and pulses and is currently exploring opportunities for the establishment of Commodity Exchange Centre and its related facilities.
Objective
To establish an international standard Myanmar Commodity Exchange Center that can conduct all spot and future transactions as per the international rules and regulations, without the needs for trust-based practices.
More about MAGDPL
Executive Interview
Agriculture offers great opportunities to drive development and raise living standards for millions of people in rural Myanmar.
Tun Lwin
Chairman
company history
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2012
Founding
Myanma Agricultural & General Development Public Co., Ltd. (“MAGDPL”) was established on 11th September 2012 with the majority of the executive committee members of Myanmar Pulses, Beans, Maize and Sesame Seeds Merchants Association.
The Company Registration Number that was registered with the Ministry of National Planning and Economic Development was 2346/2012-2013 (11-9-2012) and it was granted permission to start business operations with the Public Companies’ Business Commencement Certificate Number 7/2012-2013 (26-11-2012). -
2015
Agreement with Myanmar Port Authority
MAGDPL entered into a 50 year BOT (Build-Operate-Transfer) agreement with Myanmar Port Authority for plot 29 of Thilawa Port Area. On 11th December 2015, MAGDPL submitted a proposal to Myanmar Investment Commission outlining plans for the development and construction of an international jetty along with related facilities to facilitate commercial activities within the Thilawa Port Area.
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2016
Myanmar Investment Commission has been approved
Myanmar Investment Commission has approved on 24-3-2016 with Permit no. MaNaTha-1153/2016 for carrying out development and operation of multi-purpose international port terminal on BOT basis for agricultural and oilseed products and leasing of related facilities.
The signing ceremony for Thilawa Port Area Plot No. (29) with Myanmar Port Authority took place on 27th April 2016.
According to Letter No. 10(1)/7/Thamada Office dated 26th January 2016, Ministry of Commerce has issued the permission certificate on 24th March 2016 so that MAGDPL can establish the Myanmar Commodity Exchange to facilitate domestic and international trades with insurance, ensuring systematic trading of pulses, maize, sesame seeds and other agricultural products, while complying with international standards and regulations. -
2018
Shareholder Director of Myanmar Thilawa SEZ Holdings Public Co.,Ltd -MTSH
On 15th October 2018, the Company completed the online re-registration with the Directorate of Investment and Company Administration and the new company registration has become 168982240 (11-9-2012) under the company name of “Myanma Agricultural and General Development Public Co., Ltd. – MAGDPL”.
Myanma Agricultural & General Development Public Co., Ltd. (“MAGDPL”) is the initial founding shareholder director at Myanmar Thilawa SEZ Holdings Public Co., Ltd. - MTSH.
Myanma Agricultural & General Development Public Co., Ltd. (“MAGDPL”) is the initial founding shareholder director at Myanmar National Telecom Holdings Public Company Limited – MNTH -
2024
Implementing the development of multi-purpose international port terminal
As of 31st March 2024, the total number of shareholders was 109, and 1,006,035 shares have been issued at 10,000 MMK per share, resulting in paid-up capital of 10,060,350,000 MMK.
MAGDPL is currently implementing the development of multi-purpose international port terminal at which the operation of agricultural and oilseed products, and related facilities, which are to be leased out at Thilawa Port Area Plot No. (29). -
Present
Pre Listing Board (PLB) at Yangon Stock Exchange
YSX Code: 00009
ISIN code: MM0000900009
Executive Interview
It’s time to start investing for your future.
Dr. Maung Maung Aye
Managing Director
How MAGDPL works
Take the first step, contact us to get more information and further assistance.
Our team will process your application and arrange a meeting to discuss the details.
Prepare all the necessary documents and send you for verification.
Get your share equity and stop worrying about your future and your family.
How we built?
100+ share holders are invested
in MAGDPL
Vision
To be a leading force in transforming Myanmar’s agricultural sector, fostering sustainable development, and setting new standards in international trade and logistics.
Mission
Empowering Shareholders: Invest in sustainable and responsible businesses that contribute to the country’s progress while ensuring long-term benefits for our shareholders.
Supporting Farmers: Develop efficient logistics models to reduce production costs for farmers and enhance the storage, handling, and transportation of agricultural products from fields to export ports.
Modernizing Trade: Transition from traditional trade practices to internationally recognized standards, promoting transparency and efficiency in both local and international markets.
Core Values
Sustainability
Commitment to environmentally responsible practices that ensure longterm
viability and prosperity for all stakeholders.
Innovation
Continuously seek and implement innovative solutions to enhance
productivity, efficiency, and competitiveness.
Integrity
Uphold the highest standards of ethics and transparency in all our
business dealings and interactions.
Collaboration
Foster strong partnerships with farmers, shareholders, and other stakeholders to achieve common goals and mutual success.
Excellence
Strive for excellence in all our operations, from investment and logistics to export and trade, ensuring the highest quality and service standards.
Progress
Drive economic and social progress by investing in infrastructure, technology, and practices that benefit the community and the nation.
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About MAGDPL
Myanma Agricultural & General Development Public Co., Ltd (“MAGDPL”) (Company Registration number – 168982240 (11-9-2012)) was established in 2012 with the 70 shareholders, many of whom are the major stakeholders of Myanmar Pulses, Beans and Sesame Seeds Industry, in 2020, total number of shareholders has increased to 110.
MAGDPL has three objectives as follows: –
1. In order for the long-term benefit of our Shareholders, to invest in the businesses which are sustainable, responsible and contributing to the progress of the country.
2. In order to help to reduce the production costs of our farmers, to develop the logistics models which can increase the efficiency of storage, handling and transportation from the fields to the ports of export loading.
3. To transit from the traditional practices of local and international trades to international practices.
Throughout the past 8 years, MAGDPL has invested in the Companies which are developing Special Economic Zones, a Telecommunication Company and a multi-purpose container and bulk international port terminal. It has also participated in the export of beans and pulses and is currently exploring opportunities for the establishment of Commodity Exchange Centre and its related facilities.
More about MAGDPL