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Keppel Land to divest from Myanmar hotel project for $57 4 million: report

Keppel Land to divest from Myanmar hotel project for $57 4 million: report
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Japanese Retail Giant Postpones Myanmar Mall Project

Japanese Retail Giant Postpones Myanmar Mall Project
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AEON Postpones Shopping Mall Project in Myanmar | Myanmar Business Today

Aeon planned to start the construction process this year and expected to open the mall by 2023. The project is a joint venture between Aeon Mall Co., Ltd and Shwe Taung Real Estate Co., Ltd, the real estate arm of Shwe Taung Group. In the joint-venture company called Aeon Mall Myanmar Co., Ltd, Shwe Taung will hold a 30 percent stake while Aeon Mall holds the rest. Aeon Mall Myanmar Co., Ltd. will develop the first AEON MALL in Myanmar on a 17.632 acre of land at the corner of Shwe Li Road and Ayeyarwun Road, Dagon Seikkan Township, Yangon. The 5-story shopping mall will have a gross floor area of about 1.2 million square feet and 2,300 parking lots.

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