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Canonical ID: NK-5PLbsn7vddDBaQQXUM6rUY · Entity type: Organization (reference)
| Property | Value | Lang | Source dataset | Source ID | First seen | ||
|---|---|---|---|---|---|---|---|
LegalEntity:address | 422/426(Rm 2), 2nd Flr, Strand Rd., Corner of Botahtaung Pagoda St., FJVC Center, Ward (4), BTHG, Yangon, Myanmar | ch_seco_sanctions | ch-seco-45397 | ||||
LegalEntity:address | 52/66, Rm 2, 3rd Flr, Botahtaung Pagoda St., Lower Block, Botahtaung Township, Yangon, Myanmar | ch_seco_sanctions | ch-seco-45397 | ||||
LegalEntity:addressEntity | addr-7a997fb94738cfd07ea6b0ab77b9a32983c14dbf | ch_seco_sanctions | ch-seco-45397 | ||||
LegalEntity:addressEntity | addr-563b8ef5ad029fb9be331d46b528ec48075f1eab | ch_seco_sanctions | ch-seco-45397 | ||||
LegalEntity:country | mm | ch_seco_sanctions | ch-seco-45397 | ||||
LegalEntity:createdAt | 2021-07-01 | ch_seco_sanctions | ch-seco-45397 | ||||
LegalEntity:email | fjv.md@gmail.com | ch_seco_sanctions | ch-seco-45397 | ||||
LegalEntity:id | acc049097a96e80384c7793fd9753b7e2902d4ff | ch_seco_sanctions | ch-seco-45397 | ||||
LegalEntity:legalForm | Joint Venture | ch_seco_sanctions | ch-seco-45397 | ||||
LegalEntity:modifiedAt | 2023-05-10 | ch_seco_sanctions | ch-seco-45397 | ||||
LegalEntity:name | Forest Products Joint Venture Corporation Limited | ch_seco_sanctions | ch-seco-45397 | ||||
LegalEntity:notes | Phone number: 01-9010742; 01-9010744; 09-443250050 | ch_seco_sanctions | ch-seco-45397 | ||||
LegalEntity:notes | Forest Products Joint Venture Corporation Limited (FPJVC) operates in the timber industry in Myanmar processing teak and hard wood. Despite being a public company, FPJVC is controlled by the State, which (i) holds the majority of FPJVC’s shares through the Ministry of Natural Resources and Environmental Conservation (MONREC) (10 %) and the state-owned Myanma Timber Enterprise (MTE) (45 %), and (ii) has the right to appoint the majority of the members of the Board of Directors of FPJVC (with three members appointed by each of MONREC and MTE, respectively, out of 11 members). On 1 Feb 2021, the Myanmar Armed Forces (Tatmadaw), led by Commander-in-Chief Min Aung Hlaing, seized power from the civilian legitimate Government in a coup d’état and established the State Administration Council (SAC) to exercise the legislative, executive and judicial powers of the State. On 2 Feb 2021, the military regime appointed a new cabinet, including a new minister for Natural Resources and Environmental Conservation (MONREC). Through the SAC and the new cabinet, the military regime acquired control over and benefits from state-owned enterprises, including FPJVC. FPJVC is thus controlled by and generates revenue for the Tatmadaw, therefore contributing to its capabilities to carry out activities undermining democracy and the rule of law. | ch_seco_sanctions | ch-seco-45397 | ||||
LegalEntity:notes | Place of registration: Myanmar | ch_seco_sanctions | ch-seco-45397 | ||||
LegalEntity:programId | SECO-MYANMAR | ch_seco_sanctions | ch-seco-45397 | ||||
LegalEntity:topics | sanction | ch_seco_sanctions | ch-seco-45397 | ||||