Thein Win Zaw
Thein Win Zaw | |
|---|---|
သိန်းဝင်းဇော် | |
| Born | 2 February 1963 (age 62) |
| Nationality | Burmese |
| Occupation | Entrepreneur |
| Known for | Chair, Shwe Byain Phyu Group |
Thein Win Zaw (Burmese: သိန်းဝင်းဇော်; born 2 February 1963) is a Burmese entrepreneur.[1] He is the founder of Shwe Byain Phyu Group, a conglomerate company active in businesses such as petrol stations, timber, and food exports.[2]
From 2018 to 2020 he was the chair of the Gems and Jewelry Entrepreneurs Association in Yangon.[3]
Early life and family
Thein Win Zaw was born on February 2, 1963, in Twante Township, Yangon Region, Myanmar.[4] He completed his high school studies in 1978–79, and later pursued higher education, earning a Bachelor of Science degree in chemistry in 1984.[4]
Thein Win Zaw is married to Tin Latt Min, and has two children.[5]
Career
Zaw established Manaw Thidar, the first company under the Shwe Byain Phyu (SBP) Group in 1996.[4] Co-led by Zaw and his wife, Tin Latt Min, the company provided logistics services to Joint Corporation 6 (JC-6).[4]
In 2010, as Myanmar Petroleum Products Enterprise (MPPE) began privatizing state-owned petrol stations, SBP expanded its operations to include retail, owning 29 petrol stations.[4]
Zaw also ventured into the marine products export sector, using his fishery experience to diversify revenue streams.[4] A subsidiary, Eastern Power International, was established in 2002 to manage these operations.[4]
In 2009 Zaw further diversified by establishing Theint Win Htet Manufacturing, specializing in PP plastic bag production, with a daily capacity of 100,000 bags, which are distributed across Myanmar.[4]
For the tax years 2017–2018 and 2018–2019 Zaw was recognized as one of the top taxpayers and was commended by President Win Myint for his tax contributions.[6][7]
In March 2022 Singapore-based Investcom Pte Ltd, a joint venture between the Lebanese M1 Investment Group and Myanmar's Shwe Byain Phyu conglomerate, acquired Telenor Myanmar.[8] Following the acquisition, concerns about ties to the Myanmar military and data privacy emerged.[5][9] However, in April 2022, the new parent company addressed these concerns, committing to uphold the data privacy policies of its predecessor.[10] ATOM Myanmar was launched in June 2022.[11]
References
- ^ "U Thein Win Zaw Chair, Shwe Byain Phyu".
- ^ Rønneberg, Kristoffer. "Telenor-sjefen valgte å følge juntaens ordrer. Her forklarer han hvorfor". Afterposten.
- ^ "Inaugural Yangon gems and jewellery fair to promote value-added products, say organisers". Frontier Myanmar. 3 January 2018.
- ^ a b c d e f g h "Thein Win Zaw". FWP RESEARCH. Archived from the original on 2022-03-07. Retrieved 2022-03-07.
- ^ a b Aung Naing (2022-03-04). "The crony who will control Telenor Myanmar's customer data". Myanmar Now.
- ^ "President U Win Myint honors highest taxpayers for 2017–2018 tax year". 25 January 2019.
- ^ "President honours Myanmar's 'biggest taxpayers' for 2018–2019 tax year". 11 August 2020.
- ^ "EXCLUSIVE-Myanmar firm poised to control Telenor unit after military backs bid-sources". Reuters. 2022-02-11. Retrieved 2022-03-07.
- ^ "Meet Myanmar Military-Linked Crony Taking Stake in Telenor Sale". The Irrawaddy. 2022-02-15. Retrieved 2022-03-07.
- ^ Yee, Tan Hui (15 April 2022). "New owner of telco Telenor Myanmar promises to keep data privacy policy". The Star.
- ^ "Telenor Myanmar is renamed "ATOM Myanmar" following the takeover of the Norwegian telecom giant by M1 Group". THE CHINDWIN. 2022-06-09. Retrieved 2022-09-22.