Under the witness of the members of Myanmar Ministry of Finance and the Myanmar Securities and Exchange Commission of Myanmar, the management of First Gold signed a Memorandum of Understanding (MOU) with Mr. Min Htike Aung, Managing Director of New World Financial Group, in Myanmar on 16 January 2019 to establish the strategic partnership between the two parties. The MOU was aimed to joint-handedly promote the development of the Myanmar derivatives market through international exchanges and cooperation, and to create a safe, fair and transparent financial investment environment for local investors.

Mr. Min Htike Aung, Managing Director of New World Financial Group, said that “We can see derivatives markets everywhere in ASEAN, except our country. It is very encouraging to see the success of a derivatives markets in neighboring counties, where there are much less population and lower Gross Domestic Product(GDP)  than in our country. So, it should not take too long to establish this market here.”

First Gold has always been innovating and actively expanding its business landscape. As the one of the first batch countries along others in the “Belt and Road Initiative”, Myanmar will build a local financial market together with First Gold which is compatible to international standards, including the establishment of regulatory framework for transactions and strengthening sturdiness for policies in regulations and management. Through implementing the core value of the First Gold, namely the spirit of integrity, First Gold will provide investors with the upright investment concepts and knowledge to enhance the country's understanding on derivatives. By bringing significant contributions to the Myanmar economy, First Gold is determined to create a win-win situation for all parties.