Aung Pyae Sone

Aung Pyae Sone is a Burmese business tycoon who owns a number of major companies, including Sky One Construction Company and Aung Myint Mo Min Insurance Company.[1] He also has a majority stake in Mytel, a national telecoms carrier.[1] He is the son of Senior General Min Aung Hlaing, the current leader of Myanmar, concurrently serving as Chairman of the State Administrative Council and Commander-in-Chief of the Myanmar Armed Forces.

In 2013, Aung Pyae Sone won a no-bid government permit well below market rates, for a 30 year lease on land at the Yangon People's Park for a high-end restaurant and art gallery, following his father's promotion to Commander-in-Chief.[2] Aung Pyae Sone also runs A&M Mahar, which offers Food and Drug Administration (FDA) approvals and customs clearance services for drugs and medical devices.[3] Myanmar's customs department is led by Kyaw Htin, a former MEHL director.[3]

Aung Pyae Sone was awarded an artificially low land lease from the Yangon Regional government and serves alcohol in breach of a Yangon City Development Committee prohibition. He also owns Azura Beach Resort, which promotes itself as the largest resort in Chaungtha.[4]