PrimaryBid Facilitates $7.3m fundraise for Myanmar Investments International Ltd (MIL)

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MyanMar Investments Offer on PrimaryBid

PrimaryBid, the leading online funding platform that enables investors to gain access to equity capital raises of AIM-listed companies, is pleased to announce the successful completion of the offer for Myanmar Investments International Ltd (AIM: MIL).

The Fundraising was conducted as a subscription between the Company and certain existing shareholders, institutional investors, family offices, high net worth individuals and an offer on PrimaryBid delivering the opportunity for retail investors to participate at the same price as institutions.

Aung Htun, Managing Director of MIL, commented:

“We are delighted to have surpassed the fundraising target we had originally set and we felt it appropriate to include the offer on PrimaryBid to help us broaden our shareholder base. It is therefore gratifying to welcome so many new shareholders to our roster.”

Dave Mutton, COO of PrimaryBid, said:

“We are delighted to have facilitated the fundraise for Myanmar Investments, demonstrating that our investors have interest in a diverse range of AIM-listed companies”

For full details of the successful offer, please refer to the Company RNS announcement