Change of Accounting Reference Date

RNS Number : 0570B

Myanmar Investments Intl Ltd

09 February 2022

 

9 February 2022

Myanmar Investments International Limited

Change of Accounting Reference Date

Myanmar Investments International Limited (AIM: MIL) (the 'Company'), the AIM-quoted Myanmar focused investment company, announces that following a decision by the Myanmar Government that all Myanmar companies must change their financial year end to 31 March of each year, commencing this year, 2022, the Company and its subsidiaries' accounting reference date will change from 30 September to 31 March.

Consequently, the Company will notify interim accounts for the six months to 31 March 2022 and will also notify interim accounts for the six months to 30 September 2022. The two sets of interim accounts will be reviewed by BDO LLP, the Company's statutory auditors.

It will also publish audited accounts for the 18 months to 31 March 2023. Each of the interim accounts and the final audited accounts will be published within 3 months of their respective period ends.

For further information please contact:

Nick Paris Managing Director Myanmar Investments International Ltd [phone] [e-mail]	Michael Rudolf Chief Financial Officer Myanmar Investments International Ltd [phone] [e-mail]
Nominated Adviser Philip Secrett / George Grainger / Ciara Donnelly Grant Thornton UK LLP [phone]	Broker William Marle finnCap Ltd [phone]

For more information about MIL, please visit www.myanmarinvestments.com

Notes to Editors

Myanmar Investments International Limited (AIM: MIL) was the first Myanmar-focused investment company to be admitted to trading on the AIM market of the London Stock Exchange. MIL was established in 2013 with the intention of building long-term shareholder value by proactively investing in a diversified portfolio of Myanmar businesses that will benefit from the country's re-emergence and ongoing economic development. The Company is led by an experienced and entrepreneurial team who between them have considerable industrial, corporate and financial management experience. At the Annual General Meeting on 24 October 2019, the Company's shareholders approved a change in the investment policy of the Company to now seek to harvest the Company's investments over time.

 

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