Thein Win Zaw

Thein Win Zaw (Burmese: သိန်းဝင်းဇော်; born 2 February 1963) is a Burmese businessman, best known for founding Shwe Byain Phyu Group of Companies, a conglomerate with business interests in petrol stations, jade mining, timber, and food exports.[1] He was also the chairman of Gems and Jewelry Entrepreneurs Association (Yangon) from 2018 to 2020.[2]

Thein Win Zaw
သိန်းဝင်းဇော်
Born2 February 1963 (1963-02-02) (age 60)
Burma
NationalityBurmese
Occupation(s)Chairman, Shwe Byain Phyu Group
SpouseTin Latt Min
ChildrenWin Paing Kyaw
Theint Win Htet

Early life and career

Thein Win Zaw was born on 2 February 1963, hailing from Twante Township in Yangon Region, Myanmar.[3] He graduated in 1984 with a Bachelor of Science degree in chemistry.

Business interests

Thein Win Zaw founded Shwe Byain Phyu Group (SBP) in 1996, and operates a business partnership with the military-owned Myanma Economic Holdings Limited for mining, fuel imports and distribution.[4] Thein Win Zaw's business success has been attributed to his close relationship with the Myanmar Navy's senior leadership, including the navy's commanders-in-chief Tin Aung San and Soe Thane.[5]

Telecommunications

Thein Zaw has previously as a director in Mahar Yoma Public Company, which has a partial stake in Mytel, the military-owned telecommunications company.[6][7] In February 2022, news emerged that Shwe Byain Phyu would own 80% of Telenor Myanmar with Lebanese M1 Group owning the remaining shares, as Norwegian-based Telenor sought to divest in its Myanmar operations following the 2021 Myanmar coup d'état.[6] Shwe Byain Phyu and M1 Group have formed a joint venture, Investcom, to take over Telenor operations in Myanmar.[8] The planned sale has prompted significant scrutiny from Burmese civil society over data privacy concerns, given SBP's links to the Burmese military.[8] Sanctions screening through external consultants stated that Shwe Byain Phyu and its owners are not subject to any current international sanctions.[9]

Personal life

Thein Win Zaw is married to Tin Latt Min, and has two children, Win Paing Kyaw, and Theint Win Htet.

References
  1. "The crony who will control Telenor Myanmar's customer data". Myanmar NOW. Retrieved 2022-03-07.
  2. Staff (3 January 2018). "Inaugural Yangon gems and jewellery fair to promote value-added products, say organisers". Frontier Myanmar.
  3. "Thein Win Zaw". FWP RESEARCH. Retrieved 2022-03-07.
  4. "Meet Myanmar Military-Linked Crony Taking Stake in Telenor Sale". The Irrawaddy. 2022-02-15. Retrieved 2022-03-07.
  5. "Telenor Under Pressure for Its Myanmar Subsidiary Sale". The Irrawaddy. 2022-02-09. Retrieved 2022-03-07.
  6. "EXCLUSIVE-Myanmar firm poised to control Telenor unit after military backs bid-sources". Reuters. 2022-02-11. Retrieved 2022-03-07.
  7. "Myanmar Companies Linked to Regime Leaders Bid to Acquire Telenor". The Irrawaddy. 2021-12-02. Retrieved 2022-03-07.
  8. "Telenor sale gets green light from Myanmar junta's telecoms regulator". Myanmar NOW. Retrieved 2022-03-07.
  9. Yee, Tan Hui (15 April 2022). "New owner of telco Telenor Myanmar promises to keep data privacy policy". The Star (Malaysia).
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