Irrawaddy-Mar 30
The sole owner and director of UK-sanctioned, Singapore-registered Shoon Energy Pte Ltd, which was formerly named Asia Sun Aviation, is the director of at least 10 companies in Myanmar, according to the records of the junta’s Directorate of Investment and Company Administration (DICA) and other international corporate databases. The UK imposed sanctions on Shoon Energy and its director, as well as owner Daw Kyauk Kyar Shwe (the Burmese spelling of the Chinese name Zhao Jia Shui), who is also known as Daw Khin Phyu Win, on March 27 for importing, storing and delivering jet fuel to the military. According to DICA, Daw Kyauk Kyar Shwe is a director along with a Thai citizen, Yikhao Maneeyok, at the Shoon Energy Thilawa Terminal Company Ltd, the prior name of which was Puma Energy Asia Sun Company Ltd, a joint venture with Swiss and Singapore-based Puma Energy. According to Amnesty International, Puma Energy transferred its share of National Energy Puma Asia Sun (NEPAS) to Shoon Energy in 2022 December. NEPAS is a joint venture with the junta controlled MPE and is responsible for the import, storage and sale of jet fuel.
Daw Kyauk Kyar Shwe is also the director at Shoon Holdings Company Ltd, Shoon Trading Company Ltd, and Shoon Energy Company Ltd. She is also a director along with Daw May Thwe Aung and U Myo Myint Aung at the Asia Sun Energy Mandalay Terminal Company Limited, and Asia Sun Wood-based Manufacturing Company Ltd.
Shoon Energy has become the second Singapore-registered company to be sanctioned following the Myanmar military’s illegal coup attempt, and covert group Justice For Myanmar, which exposes Myanmar junta-related businesses, said it further highlights the role Singapore continues to play as a base for businesses providing funds, arms and jet fuel to the Myanmar military. Read more at: https://www.irrawaddy.com/news/burma/businesswoman-sanctioned-for-supplying-junta-tied-to-at-least-10-more-firms-in-myanmar.html
