Dagon International

Dagon International Limited is a Myanmar conglomerate whose activities have included construction, property development, timber extraction, agriculture, and import-export. The company was established by Dagon Win Aung and Win Thein in the early 1990s, although a precise founding year is not specified in the available reference material. Its business portfolio has included commercial real estate, residential development, hospitality, infrastructure work, and retail properties. The company is associated with a number of prominent developments in Myanmar. These include Dagon Centre, a shopping complex opened in 2003 at the Myaynigone junction in Yangon’s Sanchaung Township, and Dagon Centre II, a six-storey retail and entertainment complex opened in December 2011. Dagon Centre II was described as containing approximately 60 shops and a theatre. Other properties linked to the group include Grand Golden View condominiums, Palm Beach Resort at Ngwesaung Beach, The Oasis Hotel in Nay Pyi Taw, and the Thurein Yeik Mon housing development. Dagon International has also been involved in infrastructure-related work, including the upgrading and extension of the national highway connecting Yangon and Mandalay. Beyond construction and real estate, the company’s reported interests have extended to timber extraction, agriculture, and the trading of imported and exported goods. The company and its chief executive, Win Aung, were placed on the United States sanctions list in 2009 because of alleged close ties to Myanmar’s military authorities. The reference material states that the sanctions remained in force until 2015. The company’s reported access to exclusive logging rights in protected forest reserves, attributed to Dagon Win Aung’s military connections, has also been a significant point of controversy. These issues have shaped public and international perceptions of Dagon International, linking its commercial expansion to Myanmar’s political and military power structures. Dagon International has been led by Dagon Win Aung. His wife, Moe Mya Mya, also known as Yew Hoon See, has served as managing director. Their children Ei Hnin Pwint, also known as Christabelle Aung; Thurane Aung, also known as Christopher Aung; and Ei Hnin Khin, also known as Christina Aung, have served as company directors. Available reference material does not establish the company’s present operating status, ownership structure, financial performance, or current project portfolio.

Dagon International emerged in Myanmar in the early 1990s under the leadership of Dagon Win Aung and Win Thein. The available historical record describes it as a diversified conglomerate rather than a single-industry company. Its reported interests developed across construction, real estate, timber extraction, agriculture, and import-export activities. The company’s property activities became particularly visible in Yangon. In 2003, it opened Dagon Centre at the Myaynigone junction in Sanchaung Township. The project established a significant retail presence and formed part of the company’s broader commercial-property portfolio. Dagon International later expanded this retail presence with Dagon Centre II, a six-storey shopping complex opened in December 2011. The development was reported to contain 60 shops and a theatre. Other projects associated with Dagon International include Grand Golden View condominiums, Palm Beach Resort at Ngwesaung Beach, The Oasis Hotel in Nay Pyi Taw, and the Thurein Yeik Mon housing development. The company’s infrastructure work has included the upgrading and extension of the national highway between Yangon and Mandalay. Together, these projects indicate a business model spanning retail, residential property, tourism, hospitality, and transport-related construction. The group’s natural-resource activities have been more controversial. Available reference material states that Dagon International obtained exclusive logging rights to harvest timber from protected forest reserves through Dagon Win Aung’s ties to Myanmar’s military. The allegations and descriptions of preferential access connect the company’s commercial activities with the political economy of military-ruled Myanmar. In 2009, the United States placed Dagon International and its chief executive, Win Aung, on its sanctions list because of their close ties to the Burmese military. The reference material states that the sanctions continued through 2015. This episode became a defining part of the company’s international profile and raised reputational questions about its relationship with state and military institutions. Management has been concentrated within the founding family. Dagon Win Aung has headed the company, while his wife, Moe Mya Mya, also known as Yew Hoon See, has served as managing director. Their children—Ei Hnin Pwint, also known as Christabelle Aung; Thurane Aung, also known as Christopher Aung; and Ei Hnin Khin, also known as Christina Aung—have served as directors. The available sources do not provide a reliable current overview of operations, ownership, financial results, or whether every historically reported project remains active.

• 2015

  Sanctions period ends

  [1]Dagon Internationalen.wikipedia.org

  The available reference states that the United States sanctions on Dagon International and Win Aung lasted until 2015.

• 2011

  Dagon Centre II opens

  [1]Dagon Internationalen.wikipedia.org

  Dagon Centre II opened in Yangon as a six-storey shopping and entertainment complex with approximately 60 shops and a theatre.

• 2009

  United States sanctions imposed

  [1]Dagon Internationalen.wikipedia.org

  Dagon International and chief executive Win Aung were placed on the United States sanctions list over alleged close ties to Myanmar’s military.

• 2003

  Dagon Centre opens in Yangon

  [1]Dagon Internationalen.wikipedia.org

  The company opened Dagon Centre at the Myaynigone junction in Yangon’s Sanchaung Township.

• 1990

  Company established in the early 1990s

  [1]Dagon Internationalen.wikipedia.org

  Dagon International was founded by Dagon Win Aung and Win Thein during the early 1990s; the exact year is not specified.

A diversified Myanmar conglomerate combining construction, property development, hospitality, retail, natural-resource activities, agriculture, and trading.

• Retail real estate · 2003

  Dagon Centre

  A major shopping centre opened in 2003 at the Myaynigone junction in Sanchaung Township, Yangon. It represents Dagon International’s entry into prominent urban retail and commercial-property development.

• Retail and entertainment real estate · 2011

  Dagon Centre II

  A six-storey shopping complex opened in December 2011. The available reference describes it as containing approximately 60 shops and a theatre, extending the company’s retail-property presence in Yangon.

• Residential real estate

  Grand Golden View Condominiums

  A condominium development included among Dagon International’s real-estate projects. Further details about its scale, completion, and current operation are not established by the available material.

• Hospitality

  Palm Beach Resort

  A resort associated with Dagon International at Ngwesaung Beach. The available sources identify the project but do not provide reliable details about its facilities or present operating status.

• Hospitality

  The Oasis Hotel

  A hotel project in Nay Pyi Taw listed among the group’s property interests. Current ownership and operating status are not specified in the available material.

• Residential real estate

  Thurein Yeik Mon Housing Development

  A housing development associated with the company’s residential-property portfolio. The reference material does not provide detailed information about its construction phases or current status.

• 2009

  United States sanctions over military ties

  Dagon International and its chief executive, Win Aung, were placed on the United States sanctions list in 2009 because of reported close ties with Myanmar’s military. The available reference states that the sanctions remained in place until 2015.

  Source

• Controversy over logging rights in protected forests

  The company was reported to have obtained exclusive logging rights in Myanmar’s protected forest reserves through Dagon Win Aung’s ties to the military. The available material does not provide a separate date or detailed legal disposition for these allegations.

  Source

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• 2011

  Launch of Dagon Centre IIProduct launch

  Background

  Dagon International continued expanding its retail and entertainment-property portfolio.

  Action taken

  The company opened a six-storey shopping complex with approximately 60 shops and a theatre.

  Aftermath

  Dagon Centre II extended the group’s commercial presence in Yangon.

  Source

• 2003

  Launch of Dagon CentreProduct launch

  Background

  The company expanded into major urban retail property in Yangon.

  Action taken

  Dagon International opened Dagon Centre at the Myaynigone junction in Sanchaung Township.

  Aftermath

  The project became one of the company’s identified commercial real-estate developments.

  Source

1. 1Dagon Internationalen.wikipedia.org