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MarketScreener Homepage  >  Equities  >  Nyse  >  Alexandria Real Estate Equities, Inc.    ARE

ALEXANDRIA REAL ESTATE EQUITIES, INC.

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U.N rights envoy to Myanmar says election will fail to meet standards

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09/22/2020 | 12:12pm EDT
FILE PHOTO: Myanmar's ambassador Tun addresses the Human Rights Council at the United Nations in Geneva

The United Nations human rights investigator to Myanmar said on Tuesday an election set for November would fail to meet international standards because of the disenfranchisement of hundreds of thousands of Rohingya Muslims.

Thomas Andrews, addressing the U.N Human Rights Council, said the polls could not be free and fair because of the exclusion of Rohingya of voting age living in the western Rakhine state and in refugee camps in neighboring Bangladesh.

"The results of an election cannot accurately reflect the will of the people, when the right to vote is denied because of a person's race, ethnicity or religion," he told the Geneva forum.

"And, I have seen no evidence that the government is willing or prepared to facilitate the right to vote for hundreds of thousands of voting age Rohingya located in Rakhine State or in refugee camps in Bangladesh," he said.

More than 730,000 Rohingya fled Myanmar for Bangladesh in 2017 during a military-led crackdown the United Nations has said was executed with genocidal intent. The country denies the allegations and says it was targeting militants who attacked police posts.

Hundreds of thousands of Rohingya remain in Rakhine state where they are mostly confined to camps and villages.

Kyaw Tun, Myanmar's ambassador to the United Nations in Geneva, told the U.N council the country's electoral body had "set forth criteria for the elections to be free, fair, transparent, trustworthy and reflective of the desire of voters".

He said the body had scrutinized applications to ensure all could patke part equally.

"Every citizen without any discrimination who meets the criteria set in the election law can run for a public office," he said.

Of at least a dozen Rohingya who applied to run as candidates in the election, six were rejected after officials said they failed to prove their parents were citizens at the time of their birth, a requirement under the election law.

Myanmar does not recognise the term Rohingya or the community as an indigenous ethnic group.

Instead, they are derided as Bengalis, implying they are illegal immigrants from Bangladesh, despite tracing their history in Myanmar's Rakhine State back for centuries.

Successive military governments that ruled Myanmar stripped the Rohingya of identity documents, leaving many with no proof of their origins.

By Stephanie Nebehay


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Financials (USD)
Sales 2020 1 784 M - -
Net income 2020 415 M - -
Net Debt 2020 6 742 M - -
P/E ratio 2020 46,4x
Yield 2020 2,63%
Capitalization 20 246 M 20 246 M -
EV / Sales 2020 15,1x
EV / Sales 2021 14,3x
Nbr of Employees 439
Free-Float 98,9%
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Mean consensus BUY
Number of Analysts 13
Average target price 183,70 $
Last Close Price 160,54 $
Spread / Highest target 27,1%
Spread / Average Target 14,4%
Spread / Lowest Target 3,40%
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Managers
NameTitle
Peter M. Moglia Co-Chief Executive & Investment Officer
Stephen A. Richardson Co-Chief Executive Officer
Dean A. Shigenaga Co-President & Chief Financial Officer
Thomas J. Andrews Co-President & Director-Greater Boston Market
Joel S. Marcus Executive Chairman
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