Dear valued customers and trading partners,
Greetings from X Y Group of Companies.
It is my great honor and pleasure to introduce our companies and business activities. We operate businesses under X Y Group of Companies, which is formed with . . .
- X Y Trading Co., Ltd,
- X Y Services Co., Ltd,
- X Y International Co., Ltd, and
- Minhla Agricultural Products Trading Special Rice Paddy Co., Ltd.
Our goal is to become one of the leaders in Myanmar Rice Industry, in which we are taking part in building the whole chain of rice industry including farming, processing, and trading. The turnover of X Y Group of Companies for 2017 exceeded USD 60 million.
Background of X Y Group of Companies
1988 – Our family traded rice, beans and palm oil. We also ran a peanut-oil factory in Hinthata, Ayeyarwaddy Region.
1993 – We moved to Yangon and have been trading rice from Yangon to other States and Regions.
1995 – Our business has been growing since 1995. We supplied rice to Myanmar Agricultural Products Trading (MAPT), Ministry of Trade, which was the only body who exported rice.
1997 – X Y Trading Company was registered as a private company limited. The BoDs are the family members and have been working under the guidance of our father U Hla Thein.
2009 – The Government of Myanmar removed the ban on rice export and have allowed private companies to export rice. Myanmar rice policies have been formulated in line with market economic practices to contribute to national objective of restoring Myanmar as the major rice exporter in global marketplace. Due to the favoring business environment , the rice-export of X Y trading has been increasing every year.
2011 – XY Group formed a company called Minhla Agricultural Products Trading Special Rice Paddy Company Limited in order to focus on trading rice and to take part in Myanmar rice industry. Our trading partners are based in West Africa, Europe ( Belgium, France, Germany, Greece, Netherlands, Poland, and UK), Indonesia, Bangladesh, Sri Lanka, and Singapore.
In addition to rice-export, XY Group imports
- wheat grain
- luxury cars, various types of trucks and vehicles
- lubricants and absorbent gel.
We value and integrate honesty, reliability, accountability and business ethics into all aspects of our business functions. We are looking forward to working with you as our trading partners. Please feel free to contact me if you have any question.
Tin Aung Lay
Chair of Board of Directors
X Y Group of Companies