Type Conglomerate | Founded 1990s (1990s) | |
Industry Construction, Import-Export, Agriculture Founder Dagon Win Aung
Win Thein Headquarters Sanchaung Township, Yangon, Myanmar (Burma) Key people Dagon Win Aung, CEO
Moe Mya Mya, Managing Director
Ei Hnin Pwint (Christabelle Aung)
Thurane Aung (Christopher Aung)
Ei Hnin Khin (Christina Aung) | ||
Dagon International Limited (Burmese: ဒဂုံအင်တာနေရှင်နယ်ကုမ္ပဏီ) is a major Burmese conglomerate with interests in construction, timber extraction, agriculture and import-export. The company was founded by Dagon Win Aung and Win Thein in the early 1990s.
Contents
Dagon International and its chief executive officer Win Aung have been placed on the American sanctions list since 2009, for its close ties with the Burmese military.
Update about Sanctions
The following deletions have been made to OFAC's SDN List as April 23, 2015.
Management
Dagon International is headed by Dagon Win Aung. His wife, Moe Mya Mya (also known as Yew Hoon See) serves as the company's managing director. Their children Ei Hnin Pwint (Christabelle Aung), Thurane Aung (Christopher Aung) and Ei Hnin Khin (Christina Aung) also serve as company directors.
Projects
Dagon International's real estate portfolio includes:
In 2003, the company opened a major retail shopping centre, Dagon Centre at the Myaynigone junction in Yangon's Sanchaung Township. In December 2011, it opened Dagon Centre II, a six story shopping complex containing 60 shops and a theater.
The company also upgraded and extended the national highway from Rangoon to Mandalay.
Controversies
Through the Dagon Win Aung's ties to the military, the company gained exclusive logging rights to harvest timber from Myanmar's protected forest reserves.