Aung Ko Win’s connections with Maung Aye, and the accumulation of his considerable wealth, began in the early 1990s as a purchaser for the
Since his humble beginnings in business, which included forays in agricultural business and imports—he was previously the only person to possess an import license for cement—Aung Ko Win has headed several successful enterprises, including the Myanmar Billion Group, Nilayoma Co, and
Aung Ko Win assumed control of Kanbawza Bank with substantial financial backing from businessmen in the cooking oil and gem industries. As with other Burmese tycoons, Aung Ko Win has also used his wealth to support civic and cultural development.
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Serge Pun
Born in Rangoon in 1953, Serge Pun—chairman of the multinational SPA Group and Rangoon’s Yoma Bank—left Burma for Beijing in 1965, three years after the newly minted dictator, Gen Ne Win, seized power and began expelling foreign residents.
Serge Pun spent many of his formative years within
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