Singapore: Joseph Tan Jude Benny LLP Appointed by two Myanmar National Flag Carriers
Joseph Tan Jude Benny LLP Appointed by two Myanmar National Flag Carriers
Joseph Tan Jude Benny LLP (JTJB) had the privilege of being appointed by two national flag carriers of Myanmar, in their recent aircraft and vessel acquisitions. They are namely the Myanmar National Airlines Company Limited (MNA) and Myanma Five Star Line Company Limited (MFSL).
MNA is the sole national flag carrier and state-owned airline of Myanmar, based in Yangon. The acquisition deal for an ATR 72-600 MSN 1267 commenced in May 2015 and the aircraft was successfully delivered on 5 August 2015. The JTJB team was led by the Head of our Corporate Department, Florence Goh. JTJB has been engaged by MNA to act in future aircraft acquisitions.
MFSL, also a national flag carrier of the country, acquired a new vessel, the EVITA-K. The Vessel acquisition, spearheaded by the firm’s Senior Partner, Dato’ Jude P Benny, was done in a short space of time with the closing taking place within 2 weeks of our receipt of instructions.
The two deals reflect the firm’s good standing and reputation in Myanmar, and the strides made by the JTJB Myanmar office.
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