Royal Shune Lei Company Limited

On the SDN listEntityDPRKBURMA-EO14014

Royal Shune Lei Company Limited (entity) is on the Specially Designated Nationals (SDN) list of the U.S. Treasury Office of Foreign Assets Control (OFAC). Programs: DPRK, BURMA-EO14014. Addresses on file in: Burma. Its property under U.S. jurisdiction is blocked and U.S. persons are generally prohibited from dealing with it.

Burma has 63 entities, vessels or aircraft with an address on the SDN list. Other sanctioned entities with an address in Yangon are listed below.

Sanctions programs

North Korea DPRK

Sanctions against North Korea based on several executive orders and laws, over its nuclear and missile programs. They cover its government, party, banks and those who trade with them or employ its workers abroad.

Burma/Myanmar (Executive Order 14014) BURMA-EO14014

February 2021 order, issued after the military coup in Burma, targeting the armed forces, their leaders and the companies that finance them.

Also known as

PROGRESS TECHNOLOGY SUPPORT COMPANY LIMITED · aka
PROGRESS TECHNOLOGY SUPPORT COMPANY · aka
ROYAL SHUNE LEI · aka
ROYAL SHUNE LEI COMPANY · aka

Addresses on file

Building 37, Room 6, Bahosi Housing, Lanmadaw Township, Yangon, Burma
No. 37, Room No. 10, Bahosi Housing 10 Ward, Lanmadaw, Yangon, Burma
No 34/C San Yae Twin Street, Bahan Township, Yangon, Burma

OFAC remarks

Secondary sanctions risk: North Korea Sanctions Regulations, sections 510.201 and 510.210; Transactions Prohibited For Persons Owned or Controlled By U.S. Financial Institutions: North Korea Sanctions Regulations section 510.214; Organization Established Date 24 Jun 2016; Business Registration Number 102842286 (Burma).

Other sanctioned entities in Yangon

Tet Kham Gems Co., Ltd. · Entity · SDNTK
Hong Pang Textile Company Limited · Entity · SDNTK
Hong Pang Mining Company Limited · Entity · SDNTK
Hong Pang General Trading Company, Limited · Entity · SDNTK
Hong Pang Electronic Industry Co., Ltd. · Entity · SDNTK
Tet Kham Construction Company Limited · Entity · SDNTK
The Yangon Restaurant · Entity · BURMA-EO14014
Sky One Construction Company Limited · Entity · BURMA-EO14014

Sharing a city does not imply any link between these entities.

Frequently asked questions

What does it mean that Royal Shune Lei Company Limited is on the SDN list?

It means that its property and interests in property under U.S. jurisdiction are blocked and U.S. persons are generally prohibited from dealing with this entity. Entities it owns 50% or more of, directly or indirectly, are also considered blocked.

Can a non-U.S. company do business with Royal Shune Lei Company Limited?

OFAC sanctions bind U.S. persons and companies, as well as transactions that pass through the U.S. financial system (for example, U.S. dollar payments). Some programs, such as those for Russia and Iran, include secondary sanctions on non-U.S. persons. Seek advice before transacting.

How does an entity get removed from the SDN list?

A sanctioned party can petition OFAC for removal by showing a change in circumstances. OFAC publishes removals on its website; DataCloud USA updates the list daily and marks the profiles of delisted parties.

More context: how to check if a company is debarred or sanctioned.