MYANMAR

DUANE MORRIS & SELVAM (MYANMAR)

Duane Morris & Selvam (Myanmar) provides on-the-ground, high-quality counsel to foreign and domestic businesses seeking to seize opportunities while minimizing the inherent risks in the dynamic, emerging

strong relationships in Myanmar with various union government ministries and departments and have

several years.

Headquartered in Yangon, Myanmar, we are able to offer both local and global legal support. Our network of 28

to act as effectively for multinational businesses seeking market entry in Myanmar as we do for local businesses seeking to globalise and regionalise their structures. We provide a full suite of legal services for companies seeking inbound and outbound opportunities across a wide range of industry sectors.

international lawyers) are well-suited to assist in a full suite of practice areas, and focus on foreign direct investment, power projects, infrastructure, real estate and employment.

DISTINGUISHED SERVICE TO MYANMAR AWARD

longstanding commitment to Myanmar in representing the Attorney General’s

resolution matters for more than a decade, we are the only recipient of the Distinguished Service to Myanmar Award by the Attorney General of the Union.

RANGE OF SERVICES

• Mergers & Acquisitions• Corporate Finance• Licensing/Market Entry• Funds, Private Equity & Venture Capital• Project Financing• U.S. Foreign Corrupt Practices Act and

UK Bribery Act Matters• Corporate Commercial• Corporate Real Estate• Dispute Resolution (Selvam LLC)• Intellectual Property• Tax• Banking & Finance• Energy, Oil & Gas

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INDUSTRIES SERVED

• Energy & Natural Resources• Oil & Gas• Real Estate• Infrastructure• Telecommunications• Private Equity• Resources• Manufacturing• Food, Beverage & Hospitality• Project Finance• Technology, Media & Telecommunications• Financial Institutions

ACCOLADES

DISTINGUISHED

• Ranked as a Top Tier Firm for Corporate and M&A and Tier 2 Firm for Projects (including Energy) in Myanmar by The Legal 500 Asia Pacific 2018.

• Ranked as a Recommended Firm for Financial & Corporate and Project Development in Myanmar by IFLR1000 2019.

• Ranked as a Highly Recommended Firm for Banking & Financial Services, Energy and General Business Law, and a Recommended Firm for Infrastructure, Technology & Telecommunications and Real Estate by asialaw Profiles 2019.

• Ranked as a Leading Firm for General Business Law and General Business Law: International Firms by Chambers Asia-Pacific 2019.

SERVICETO MYANMAR

EXAMPLES OF OUR MYANMAR-RELATED WORK• Advised First Myanmar Investment Co. Ltd., one of

Myanmar’s most established conglomerates, in relation

March 2016.• Advised Sembcorp Utilities Limited as lead sponsors on

power plant on BOT basis in Myingyan, Mandalay area of

Advised and negotiated all in-country projects documentsthe MOA, PPA, BOT Agreement, land lease agreement andEPC contracts.

• Advised a subsidiary of a Hong Kong-listed company inconnection with its joint venture with a Singapore companyto provide freight forwarding, nonvessel operating commoncarrier and other related services in Myanmar through aMyanmar subsidiary.

• Advisplant in Minbu, Magway Region of Myanmar.

• Advised a leading energy services provider on oil and gasregulations and their proposed bid for the now-awardedoffshore oil blocks in Myanmar.

• Advised on the local Myanmar telecommunicationslicensing and regulatory framework with respect to 3Gtelecommunications licenses.

• Advised a foreign licenced bank on its short-termrevolving credit of US$2.5 million to a foreign companydealing with construction material in Myanmar.

• Advised a Japanese private equity fund in its investmentin a Myanmar company that has been granted a masterlease by the Myanmar government to hold and operate thesecond largest paper and pulp factory in Myanmar.

• Advised a bidder in negotiations with the Ministry of Electric

project in Myanmar.• Acted for Oil India Limited to obtain a Directorate of

Investment and Company Administration (DICA) permitand advised on various other matters relating to theestablishment of its exploration and production base inMyanmar.

• Advised a Myanmar automobile company on being grantedexclusive distribution rights of commercial trucks andbuses, including reviewing and negotiating a distributionagreement, and advising on relevant laws, regulationsand government policy in relation to implementing andstructuring to optimize possible investment incentives,comply with best practices and minimize the risks associated with investments in the automobile trading business inMyanmar.

• Advised a foreign investor on the cross-border acquisitionof a leading Myanmar interior design and furnituremanufacturing company.

• Acted for a Myanmar construction company in an arbitrationmatter involving a construction project in Myanmar.

• Advised a Japanese aircraft manufacturer in the sale of itsaircraft to a Myanmar airline.

• Advised on the market entry and the establishment

Yangon with the Central Bank of Myanmar and DICA,and provided ongoing corporate secretarial work.

• Advised a Japan-Singapore Consortium on theconcession awarded to it by the Ministry of Transportfor a new international airport in Bago, Myanmar.

• Acted for an investment company on a US$25 millioninvestment for real estate, land and commercial leasingfor potential development in the commercial andhospitality sectors in Myanmar.

• Acted for RMA Group to negotiate a US$5 million landlease agreement in Myanmar to establish a facilityfor the sale and maintenance of heavy industrial andagricultural equipment.

• Advised a foreign investor on the cross-borderacquisition of two solar power plants and projectcompany in Myanmar worth in excess of US$500million.

• Advised Mitsubishi, Itochu and Thai-EXIM in the

participation in the Yetagun pipeline from Myanmar toThailand.

• Advised an international premier airline on its startupoperations in Myanmar, including branch establishment,

leasing matters.• Advised the developer and investor on the preparation

of all project related agreements from the perspectiveof tax, insurance and corporate law. The developer hasplans to build and operate six solar power plants inMyanmar with a combined power generation output of420MW.

• Advised a multinational client on FCPA issues andexamining recent anticorruption legislation enacted inMyanmar.

• Advised a Singapore-based private equity fund in thereal estate and hospitality sector in the setting up ofa hotel development company in Myanmar, includingadvising and acting as coordinating counsel in relationto the purchase of land in Shan state, Myanmar, for thedevelopment of a hotel.

• Advismatters, particularly with respect to the bankingindustry and the Myanmar Financial Institutions Law,2016.

• Advisa Yangon-based state-owned distribution utility, as wellas legal structure to obtain foreign investment into thenewly corporatized entity.

• Advised on the sale of a Myanmar hotel to a Singaporeanentity.

• Provided legal and regulatory advice with respect tothe establishment of a credit brokering business inMyanmar.

• Provided legal and regulatory advice with respect to the

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This is for general information. The invitation to contact attorneys in Duane Morris & Selvam (Myanmar) Limited is not a solicitation to provide professional services and should not be construed as a statement as to any availability to perform legal services in any jurisdiction in which such attorney is not permitted to practice.

© Duane Morris LLP 2018 | November 2018

FOR MORE INFORMATIONTo learn more, please contact:

DUANE MORRIS & SELVAM (MYANMAR) LIMITED No. 14, Kaymarthi Street (1) Mi Kyaung Kan, Thingangyun Township Yangon, Myanmar +959 4 4154 6892

Singapore, Taipei and Yangon are backed by a global infrastructure

OFFICE LOCATIONS AND REACH

KRISHNA RAMACHANDRA Managing Director +65 9822 5011kramachandra@duanemorrisselvam.com

MARK WONG Director +65 6311 0048mwong@duanemorrisselvam.com

JAMIE A. BENSON Director +65 6311 3660jbenson@duanemorrisselvam.com

WUNNA KYAN HTIN DR. TUN SHIN Senior Mentor EmeritusRetired Attorney General+959 4 4154 6892

U KYAW ZAY YASenior Consultant +959 4 4154 6892

PRIYANK SRIVASTAVASpecial Counsel+65 6311 0074psrivastava@duanemorrisselvam.com

CN BEILOSenior Associate +959 4 4154 6892CBLo@selvamandpartners.com

WIN PHYU PHYU Legal Business Development Executive+959 4 4154 6892ppwin@selvamandpartners.com

www.duanemorrisselvam.com