Aussino

Aussino: Counter was featured in The Edge Magazine over the weekend, with reports that Zaw Zaw was furious with Aussino's Chairman for releasing confidential information and also breaching an undertaking not to make any public statements without obtaining clearance in writing from PrimePartners and Max Myanmar. It is unclear what Zaw Zaw will do next, with some observers noting that he might now trying listing MSI in HK, which could stir comments abt HK long rivalry with SG. Yet, some market watchers note that it might be too early to assume that Zaw Zaw will walk away from SG. While it is unlikely that he will do any further business with Aussino or Prime Partners, sources say discussions btwn Max Myanmar and SGX are still taking place. With strong domestic investor interest in Myanmar plays, both Max Myanmar and SGX still have an interest in seeing MSI get listed on the SGX.