Directorate of Investment and Company Administration (DICA) has approved the Permanent Business License of ‘Myanmar MOL Limited.’, a wholly-owned subsidiary of MOL Liner Ltd. on 4th February. MOL is one of the first companies in the Shipping industry that has set up its wholly owned subsidiary.
With over 100 years of MOL presence and continuous commitment in Myanmar, MOL has launched a direct feeder service linking Singapore and Yangon since March 2012. The service provides a scheduled sailing to MOL’s customers in Myanmar with assured transit time and connections to the company’s global network over Singapore.
The establishment of MOL’s wholly-owned subsidiary in Myanmar is another indication of the company’s continued commitment to the Myanmar market bringing them closer to the customers.
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MOL, February 14, 2013