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Serious corruption risk as Ever Flow River prepares to float on Yangon Stock Exchange

Transportation and logistics conglomerate Ever Flow River (EFR) is set to be the sixth publicly-listed company on the Yangon Stock Exchange (YSX), when they go public on May 28th 2020. EFR is a business partner of military conglomerate Myanma Economic Holdings Public Company Limited (MEHL), and profits from EFR’s YSX listing may further systemic military corruption and support ongoing war crimes and crimes against humanity.