Probe finds 10 Japanese firms with possible links to Myanmar junta
A Japanese consortium involving Fujita paid over $1.84 million in-ground rent to Myanmar s Defense Ministry for a redevelopment project in Yangon, through a local joint venture. Monday, May 10, 2021 11:04 PM UTC
At least 10 Japanese companies have direct business ties or have taken part in projects with Myanmar military-affiliated firms, according to a probe by a Kyodo News team.
Such entities include the Japan Bank for International Cooperation, construction firm Fujita Corp and property manager Tokyo Tatemono Co.
There were concerns that funding and business deals by the Japanese government and private entities may be aiding human rights abuses by Myanmar s junta.
By Pan Yue
Piramal Glass has closed its $355m leveraged buyout loan, receiving strong response from 14 participants.
Barclays, BNP Paribas, HSBC, Investec, Standard Chartered and Sumitomo Mitsui Banking Corp were the mandated lead arrangers and bookrunners for the transaction, which was launched into syndication in February. Each of the MLABs retained $20m on their books.They brought in 14 participants during syndication. Among them,
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