Emerging Towns & Cities says the one-year state of emergency declared by Myanmar’s military leaves it unable to ascertain the impact on its operations in the country.
The group added that it is “closely monitoring the developments” on the matter.
Shares in Emerging Towns & Cities last traded at 6.3 cents before calling for a trading halt at 1pm on Feb 1.
See: ETC Singapore to ally with Yoma Bank in Myanmar Golden City project and ETC increases effective stake in Yangon mixed luxury project to 60.9% after testing waters
