December 11
NUG Finance Minister U Tin Tun Naing announced on his social media platform on the afternoon of December 11, stating: โ'๐๐ฉ๐ช๐ญ๐ฆ ๐ต๐ฉ๐ฆ ๐ช๐ฏ๐ช๐ต๐ช๐ข๐ญ ๐ฅ๐ฆ๐ข๐ฅ๐ญ๐ช๐ฏ๐ฆ ๐ง๐ฐ๐ณ ๐ต๐ฉ๐ฆ ๐ฑ๐ถ๐ฃ๐ญ๐ช๐ค ๐ต๐ฐ ๐ฅ๐ช๐ณ๐ฆ๐ค๐ต๐ญ๐บ ๐ฑ๐ถ๐ณ๐ค๐ฉ๐ข๐ด๐ฆ ๐ด๐ฉ๐ข๐ณ๐ฆ๐ด ๐ฐ๐ง ๐๐ฑ๐ณ๐ช๐ฏ๐จ ๐๐ฆ๐ท๐ฆ๐ญ๐ฐ๐ฑ๐ฎ๐ฆ๐ฏ๐ต ๐๐ข๐ฏ๐ฌ ๐ธ๐ข๐ด ๐ด๐ฆ๐ต ๐ง๐ฐ๐ณ ๐๐ฆ๐ค๐ฆ๐ฎ๐ฃ๐ฆ๐ณ 8, ๐ข๐ฏ ๐ฆ๐น๐ต๐ฆ๐ฏ๐ด๐ช๐ฐ๐ฏ ๐ฐ๐ง ๐ต๐ฉ๐ณ๐ฆ๐ฆ ๐ข๐ฅ๐ฅ๐ช๐ต๐ช๐ฐ๐ฏ๐ข๐ญ ๐ฅ๐ข๐บ๐ด ๐ฉ๐ข๐ด ๐ฃ๐ฆ๐ฆ๐ฏ ๐จ๐ณ๐ข๐ฏ๐ต๐ฆ๐ฅ ๐ง๐ฐ๐ณ ๐ณ๐ฆ๐จ๐ช๐ด๐ต๐ฆ๐ณ๐ฆ๐ฅ ๐ช๐ฏ๐ฅ๐ช๐ท๐ช๐ฅ๐ถ๐ข๐ญ๐ด ๐ต๐ฐ ๐ค๐ฐ๐ฏ๐ต๐ช๐ฏ๐ถ๐ฆ ๐ฑ๐ถ๐ณ๐ค๐ฉ๐ข๐ด๐ช๐ฏ๐จ ๐ต๐ฉ๐ณ๐ฐ๐ถ๐จ๐ฉ ๐ฅ๐ฆ๐ด๐ช๐จ๐ฏ๐ข๐ต๐ฆ๐ฅ ๐๐ฆ๐ญ๐ข๐ต๐ช๐ฐ๐ฏ๐ด๐ฉ๐ช๐ฑ ๐๐ข๐ฏ๐ข๐จ๐ฆ๐ณ๐ด. ๐๐ฐ๐ฏ๐ด๐ฆ๐ฒ๐ถ๐ฆ๐ฏ๐ต๐ญ๐บ, ๐ฑ๐ถ๐ฃ๐ญ๐ช๐ค ๐ฑ๐ข๐ณ๐ต๐ช๐ค๐ช๐ฑ๐ข๐ต๐ช๐ฐ๐ฏ ๐ฉ๐ข๐ด ๐ฃ๐ฆ๐ฆ๐ฏ ๐ด๐ต๐ฆ๐ข๐ฅ๐ช๐ญ๐บ ๐ช๐ฏ๐ค๐ณ๐ฆ๐ข๐ด๐ช๐ฏ๐จ.โ
The Minister also revealed, โ๐๐ถ๐ณ๐ณ๐ฆ๐ฏ๐ต๐ญ๐บ, ๐ต๐ฉ๐ฆ ๐ข๐ฎ๐ฐ๐ถ๐ฏ๐ต ๐ฉ๐ข๐ด ๐ด๐ถ๐ณ๐ฑ๐ข๐ด๐ด๐ฆ๐ฅ 13 ๐ฎ๐ช๐ญ๐ญ๐ช๐ฐ๐ฏ ๐๐ ๐ฅ๐ฐ๐ญ๐ญ๐ข๐ณ๐ด, ๐ฆ๐น๐ค๐ฆ๐ฆ๐ฅ๐ช๐ฏ๐จ 200,000. ๐๐ฆ๐ต ๐ถ๐ด ๐ค๐ฐ๐ฏ๐ต๐ช๐ฏ๐ถ๐ฆ ๐ต๐ฐ ๐ฆ๐น๐ฆ๐ณ๐ต ๐ฐ๐ถ๐ณ ๐ง๐ถ๐ญ๐ญ ๐ด๐ต๐ณ๐ฆ๐ฏ๐จ๐ต๐ฉ ๐ข๐ฏ๐ฅ ๐ฅ๐ฆ๐ต๐ฆ๐ณ๐ฎ๐ช๐ฏ๐ข๐ต๐ช๐ฐ๐ฏ, ๐ด๐ต๐ณ๐ช๐ท๐ช๐ฏ๐จ ๐ต๐ฐ ๐ต๐ฉ๐ฆ ๐ฃ๐ฆ๐ด๐ต ๐ฐ๐ง ๐ฐ๐ถ๐ณ ๐ข๐ฃ๐ช๐ญ๐ช๐ต๐ช๐ฆ๐ด ๐ถ๐ฏ๐ต๐ช๐ญ ๐ต๐ฐ๐ฏ๐ช๐จ๐ฉ๐ต'๐ด ๐ฅ๐ฆ๐ข๐ฅ๐ญ๐ช๐ฏ๐ฆ.โ
Although the target amount of 10 million US dollars for Spring Development Bank's Initial Coin Offering (ICO) Round 2 was successfully reached by 3:30 PM on December 5, the deadline was extended until December 8 due to the enthusiastic participation of the public.
The ICO Round 2 program, themed โ๐๐๐ฌ ๐๐๐ซ๐, ๐๐๐ฌ ๐๐ค๐ข๐,โ officially concluded at midnight on December 8 for direct purchases. However, the opportunity for registered participants to continue purchasing through Relationship Managers has been extended until December 11, with public participation still encouraged.
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