[3] Ayer Shwe Wah's CEO, Aung Thet Mann, is the son of Shwe Mann, a former military general and currently Speaker of the Pyithu Hluttaw.
[2][3] The company has been sanctioned by the United States government since 18 October 2007, for its ties to the ruling military junta, the State Peace and Development Council.
[4] On 15 May 2010, it won a license to operate gas stations in Myanmar, as part of the Ministry of Energy's privatization efforts.
[5] When Shwe Mann was Regional Commander in the Ayeyarwady Division, Ayer Shwe Wah received lucrative government contracts to supply fertilizers to farmers throughout the delta.
Ayer Shwe Wah has also been involved in construction projects in Naypyidaw.