Press Release   English   Myanmar

On 6th October 2015, Shwe Taung Group invited all of the sub-contractors for the Junction City project, the Crystal Tower and Residence project to have a signing ceremony of the sub-contractor packages and the agreement of Anti-Corruption & Anti-Bribery and Code of Ethics at the Sedona hotel. We are committed to adhering to the anti- corruption policy and our ISO 26000 code of conduct, and we are to ensure that our contractors and all the stakeholder in the supply chain are in line with our culture, vision and value. This effort will inspire other stakeholder to follow and practice such principle. The ceremony commenced with the welcome speech from Prof. Dr. Aung Tun Thet and the keynote speech from CEO of Shwe Taung Group, U Aung Zaw Naing.

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On the date of 5th of June 2015, World Environment Day, HTCT Co., Ltd. and Future Energy Co., Ltd. collaborated with NGO, Government Organization and Other Social Communities planted 2300 seedlings at Inlay watershed area Ho Pone Township, Shan State.

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A handover ceremony of a six-storeyed (RC) building, Human Resource Development Centre (YTU), to Yangon Technological University was held on 24th May 2015 as the donation of Shwe Taung Group.

Yangon Region Chief Miniater U Myint Swe, Ambassador of Finland Mr. JarmoKuuttila, Centres of Excellence Leading Committee Chairman U Nyi Hla Nge, Rector of YTU Dr. Aye Myint and Chairman of Shwe Taung Group U Aik Htun officially attended together on its ribbon-cutting occasion.

Union Minister of Science and Technology Dr.Ko Ko Oo delivered the speech for this opening ceremony and, on behalf of well-wishers, Russian Ambassador Mr.Vasily B Pospelov had the words of thanks, and Deputy CEO U Aung Than of Shwe Taung Group had transferred the documentations of premises to Rector of YTU Dr. Aye Myint.

This HRD Centre is intended to stand as the Centre of Excellence for providing the leadership, the best practices research, the support of or training for a focus area on engineering technology, the business concept or a broad area of study development to bring together faculty members from different disciplines in shared facilities.

Its Building with Mezzanine Floor have total usage floor area of 39,787 square feet (3696.33sqm). There are 5 offices, 1 Meeting Room, 15 Lecture Rooms and 1 Function Hall.

The Centre is well furnished, and which is composed of 2 Elevators on each by 13 people, with Fire Protection and Fire Fighting System, Lighting and Water supply System, Plumbing and Sanitation System,

Air conditioning System, Lightening Protection System.

  • Incorporated passive design measure to maximize the use of natural ventilation, cooling and lighting
  • On-site Waste Water Treatment Plant
  • Energy Efficient Lifts with AC VVF drive, Sleep mode and room-less machine
  • It is located near to bus stop to maximize opportunities for public transport access
  • Water Efficient Fittings such as basin taps, flushing cistern, sink/bip taps and mixers, urinal and urinal flush valve
  • Greenery around the building
  • It has been designed to minimize the local environment impact and promote the development on biodiversity, water and soil quality, soil erosion and visual amenity.
  • The overall project cost is USD1.5 million

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Shwe Taung Group have continuously performed the duty to pay taxes to the Internal Revenue Department under the Ministry of Finance according to the taxation policies in Myanmar.

In 2014, Shwe Taung Development Co., Ltd was honored The President’s Excellent Tax Payer Award for the outstanding dutiful tax payer of 2012-2013 Assessment Year. It has also been in the accompanying hardcover release of Top 1000 Taxpayers by the Internal Revenue Department standing on the 5th of Top 25 Myanmar Largest Tax Payers 2012-2013, and also on the merits’ of 3rd best tax payer of Top 1000 Myanmar Largest Tax Payers 2013-2014 Assessment Year.

The subsidiary of Shwe Taung Group, HTCT Co., Ltd, Golden Tri Star and Shwe Taung Energy Co., Ltd, were also on the list of Top 100 Taxpayers in the year of 2012, 2013, and 2014 accordingly, on the official announcement of Internal Revenue Department at http://www.irdmyanmar.gov.mm

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