Myan Shwe Pyi Tractors (MSP CAT) is a limited company, registered under the number 145705959. All the information about MSP CAT owners and directors can be found on the MyCO portal.

MSP CAT is fully owned by its founder & chairman U Khin Maung Win, who also owns Myan Shwe Pyi Ltd and Myan Shwe Pyi Mining Ltd.

MSP CAT’s corporate governance is simple: U Khin Maung Win is the shareholder and chairman of the Board. To ensure the efficiency of its management, MSP CAT has set a two tiers governance system:

  • A Board of directors who is responsible for oversight MSP CAT’s management team,
  • A Management team who is running the company and who is led by MSP CAT CEO.

MSP CAT governance structure is summarized is the chart below:

The Board of Directors is responsible for:

  • Ensuring the compliance of MSP CAT with Myanmar law,
  • Protecting MSP CAT’s financial and operational sustainability,
  • Assessing the reliability and consistency of the financial and non-financial reporting of the Company,
  • Reviewing the efficiency of MSP CAT’s procedures and internal controls,
  • Safeguarding MSP CAT’s reputation by making sure that the Group is conducting its business responsibly and ethically.

The chairman of the Board’s responsibilities are broad, as he has to:

  • Chair the AGM,
  • Safeguard MSP CAT values,
  • Review the implementation of MSP CAT’s strategy by the management team,
  • Steer the company in a direction which will create value for the Company, its shareholder and stakeholders.

In 2019, the Board met 3 times. Each time, 3 topics were discussed:

  • The risks, and the efficiency of MSP CAT ,
  • The financial sustainability of the company, which is its ability to sustain and grow its business. It can cover a wide range of topics, like the remuneration of the key people working for MSP CAT,
  • The operational sustainability which can cover the succession planning of the skills needed to maintain MSP CAT’s capacity to serve its customers and other stakeholders.
Name Role Number of meeting attended % of meeting attendance Risk Management Financial sustainability Operational Sustainability
Khin Maung Member 0 0%
Khin Maung Win Chairman 3 100% 3 3 3
Myat Thu @ Pyay Aye Member 3 100% 3 3 3

Chairman Maung Win (“Khin”) is the Chairman and CEO of Myan Shwe Pyi Group ("MSP Group"), in Yangon, Myanmar.
Khin started his career working in construction and mining equipment industry in Singapore and Indonesia. In 1995, he returned to Myanmar and started the business supplying heavy equipment for infrastructure projects such as hydro-electric and irrigation dams, oil and gas pipelines and highways. The business expanded as Myan Shwe Pyi Group ("MSP Group") and became one of the largest aggregate suppliers in Myanmar.
In 2011, the group's Myan Shwe Pyi Tractors Limited ("MSP CAT") became independent dealer for Caterpillar in Myanmar. Employing over 1,000 highly skilled employees, MSP is a leading company in electric power generation, service and supply of construction and mining equipment, diesel and natural gas engines for transportation, agriculture, oil and gas industries.
Khin Maung Win attended Medical University in Yangon and left in 1988 when Myanmar suspended all University education. Khin completed Advanced Diploma in Computer Studies from Singapore in 1993 and Executive Leadership Program “Digging Deep” organized by Caterpillar together with Stanford University in 2013. Khin is currently serving as the President of Myanmar Cycling Federation, a Board Member of International Investors for Mineral Development Association ("IIMDA"), and as members of Myanmar National Olympic Committee and Asian Cycling Confederation Management Committee.

Director Myat Thu (a) U Pye Aye ,was born on 10th, February 1955, in Ye Pyar Village, Pauk Township, Pakokku District. Upon completing his Basic Education High School, Pakokku, U Myat Thu joined the General Administration Department in July 1973 serving as Clerk-1 position. Thereafter, in March 1974, U Myat Thu joined the Myanmar Army and attended the Apprentice Officer Training Course No.(4). On successful completion of his training in May 1976, he was appointed as Apprentice Officer.
A year later in May 1977 U Myat Thu was appointed gazette officer, Second Lieutenant. U Myat Thu was eventually promoted to Colonel and given the responsibility of Platoon Commander, Company Commander, Military Column Commander, Quartermaster Staff Grade (3), General Staff Officer Grade (2), Commanding Officer, General Staff Officer Grade (1), undertook responsibility as secretary of (Border Area Development Committee, Eastern Shan State) and finally Tactical Commander.
As the commanding officer, he managed and supervised area development such as security, transportation, social development etc., in Tar Lay Township, Tarchileik District. As a military cadet he completed University Intermediate Part (B) Level. Furthermore, successfully completed General Staff College Course No (50) at Kalaw. U Myat Thu was transferred to Ministry of Religious Affairs, Department of Religious Affairs on 1st, August 2007. Appointed Director and later promoted to Deputy Director General up to 31st, July 2011. At that time, attended the English Diploma Course at the Yangon Cooperative College. From 1st, August2011 to current time, U Myat Thu joined Myan Shwe Pyi Tractors Ltd as its director.

Chief Financial Officer

Ng Chong Ted joined MSP Cat in July 2011 as its Chief Financial Officer. He is also currently serving as the Chief Human Resource Officer of the company.
An accountant by profession, having graduated from National University of Singapore with a Bachelor of Accountancy...

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Chief Operating Officer Bo Bo Thein graduated from Yangon Institute of Technology in 1983 with a Bachelor's degree in Mechanical Engineering. Following his graduation, he joined the Electrical and Mechanical Engineering Corps under the Ministry of Defense, where he served for nine years....

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General Manager of Machine Division Zaw Thein received B.E (Mechanical Engineering) from Yangon Technological University in 1996. In 1997, he joined Myanmar Tractors Ltd, the previous Caterpillar dealer in Myanmar, as...

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General Manager of Equipement Rental Khin Maung Htun is a General Manager of Equipment Rental in MSP Cat. He was graduated from Rangoon Institute of Technology (RIT) with Bachelor of Mining Engineering in 1983. He worked for 10 years ...

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General Manager of Energy and Transportation After his graduation for Mechanical engineering from Yangon Institute of Technology in early 1995, Tin Maung Win joined Myanmar Tractors, Caterpillar dealer in Myanmar. He started his career as ...
Since 2016, he is leading the Energy and Transportation division.

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General Manager of HR and Health & Safety Min Swe Oo joined MSP Cat on July 1, 2011 as a Human Resources Manager. He is working at present as General Manager leading the MSP CAT HR & HSE Team and partnering with the MSP Cat Senior Management team...

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General Manager of Product Support Moe Min Win currently serves as the General Manager of the Product Support Division at MSP CAT, the authorized Caterpillar Dealer for Myanmar. He graduated from Yangon Institute of Technology in 1994, earning a Bachelor's degree in Mechanical Engineering ...

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General Manager of Finance and Account Kyaw Kyaw Tun joined Caterpillar Dealership in Myanmar since 1997 as an accountant. He joined Myan Shwe Pyi Tractors Limited when the Company took over ...

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Assistant General Manager of Marketing Aung Naing Moe is currently the Assistant General Manager of the Marketing Department at MSP CAT, where he holds the responsibility of overseeing the company's marketing activities. With 28 years of experience in the heavy equipment industry...

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  • MSP CAT Code of Conduct
  • Policy on Gifts and Donations
  • Policy on Conflicts of Interest
  • Policy on Anti-Bribery & Corruption
  • Policy on Concurrent Employment
  • Policy on Customer Relation - Dealing with Customers (Private & Government)
  • Policy on Customer Relation - Dealing with third Parties
  • Policy on Confidentiality
  • Policy on Political Engagement & Trade Associations
  • Occupational Health and Safety Policy
  • Safe Driving Policy
  • Environmental Policy
  • Drug and Alcohol Policy
  • Waste Management Procedure

The Chief Finance Officer (CFO) is responsible for risk management. For the most critical risks, an action plan will be defined and then implemented by the relevant departments, which will report their progress during the Management meetings.

Currently, MSP CAT is dealing with 4 main types of risks.

  • Stability of the Myanmar Kyat. MSP CAT is importing Caterpillar products and has to pay them in US dollars. Therefore, it is crucial for MSP CAT to be protected against the Myanmar Kyat volatility. The Finance department is responsible for mitigating this risk.
  • Ease of doing business. To deliver on time the products and solutions expected by its customers, MSP CAT has to manage the import process efficiently. MSP CAT is working with a third-party which is responsible which is interacting with all the relevant organisations.
  • Safety of MSP CAT employees. MSP CAT products are used everywhere in the country, and sometimes, in areas where conflicts are taking place. To reduce as much as possible the risks, we are training the people who may be sent to such places. We will also work closely with our customers to secure as much as possible the work of MSP CAT employees and contractors.
  • MSP CAT reputation. As the official dealer of Caterpillar, MSP CAT reputation is a critical asset, that should be safeguarded. Selling a product to an entity who may be potentially under sanctioned would tarnish MSP CAT reputation. To counter this risk, we are using a Risk Management System to clear all our business and to make sure our activities are consistent with MSP CAT’s Code of conduct and with Caterpillar’s guidelines.