Htoo Group of Companies

Htoo Group of Companies
PredecessorHtoo Supply Company
Founded1990; 34 years ago (1990)
Headquarters5 Pyay Road, Hlaing Township, ,
Key people
Tay Za, Chairman and Founder
Thiha, Vice Chairman
Pye Phyo Tay Za, Managing Director
RevenueUS$65.1 million
Number of employees
40,000[1]
SubsidiariesAir Bagan Holdings Company Ltd.
Htoo Wood Products Company Ltd
Htoo Trading Company
Ayer Shwe Wah Company Ltd.
Myanmar Avia Export Company Ltd.
Myanmar Treasure Resorts
Pavo Aircraft Leasing Company Ltd.
Pavo Trading Company Ltd.
Websitewww.htoo.com

The Htoo Group of Companies (HGC, Burmese: ထူးအုပ်စု ကုမ္ပဏီ) is a Burmese holding company, with headquarters at 5 Pyay Road, Hlaing Township, Yangon, Myanmar. HGC is the parent company of Air Bagan, a privately held Burmese airline company. The company has several subsidiaries. Htoo Wood Products Company Ltd. is engaged in logging and export of timber (especially teak). Htoo Trading Company, is engaged in construction, property development, agriculture, transportation, shipping, mining, hotels and tourism operations. Htoo Trading Company and Asia World Company were the first two construction companies granted contracts to build the new national capital in Naypyidaw. Htoo Trading Company is Burma's top private exporter and fifth largest overall, with gross revenues of $65.1 million.[2]

  1. ^ "How sanctions made Burma's richest man". Financial Times. 12 August 2011. Retrieved 12 August 2011.
  2. ^ Ye Lwin and Kyaw Thu (4–10 June 2007). "Govt dominates foreign trade as gas sales pump up exports". The Myanmar Times. Archived from the original on 9 February 2012.