Myanmar Strategic Holdings Ltd Notice of AGM (4858I)
August 09 2019 - 1:00AM
UK Regulatory
TIDMSHWE
RNS Number : 4858I
Myanmar Strategic Holdings Ltd
09 August 2019
09 August 2019
Myanmar Strategic Holdings Ltd.
("MSH" or the "Company" or the "Group")
Notice of AGM
The Board of Myanmar Strategic Holdings (LSE: SHWE), an
independent developer and manager of consumer businesses located in
Myanmar, announces that its Annual General Meeting ("AGM") will be
held in Singapore at 80 Raffles Place, #33-00 UOB Plaza 1 Singapore
048624 on Thursday, 5 September 2019 at 10:00am (Singapore
time).
A copy of the Notice of AGM and associated proxy form have today
been posted to Shareholders and will shortly also be available on
the Company's website at https://ms-holdings.com. Members unable to
attend the AGM in person may participate via videoconference, the
details of which are included in the Notice of AGM.
For more information please visit www.ms-holdings.com or
contact:
Myanmar Strategic Holdings Ltd.
Richard Greer, Independent Non-Executive richardgreer@me.com
Chairman enrico@ms-holdings.com
Enrico Cesenni, Founder and CEO
Allenby Capital Limited (Broker)
Nick Athanas
Nick Naylor
Nicholas Chambers +44 (0)20 3328 5656
Yellow Jersey PR (Financial PR)
Felicity Winkles
Henry Wilkinson +44 (0)20 3004 9512
Notes to editors
Myanmar Strategic Holdings Ltd.
Myanmar Strategic Holdings Ltd. is an independent developer and
manager of consumer businesses located in Myanmar, one of the
fastest growing economies in the world. The Company's portfolio
currently focuses on Education, Services and Hospitality with the
view to expand within the broader consumer sector in Myanmar.
Education sector: the Company currently has exclusive
development and franchising agreements with Wall Street English for
ten English language centres across Myanmar over the course of the
ten-year agreement. Two centres were opened in 2017 and a third was
opened in August 2018. As of March 2019, Wall Street English
Myanmar served ca. 1,400 students. Through the franchise, MSH also
partnered with the Directorate of Company Administration in Myanmar
to provide English language courses to its civil servants.
The Company also operates a joint venture with Auston Institute
of Management to develop and operate the Auston College Myanmar.
The private school opened in May 2018 offering diplomas in
Engineering Technology, Construction Project Management and
Networking, Information Systems, and Security. English language
learning is also provided by the Company's nearby Wall Street
English centre.
The Company is also set to launch its first international
school, the Yangon American International School in Yangon, in
August 2019. Refurbishment of the Yangon American facilities was
completed in May 2019 and enrolment of students is currently
underway.
Services sector: through its acquisition of EXERA, the Company
now offers security, risk management and secure logistics services,
including cash-in-transit. Founded in 2013, EXERA employs
approximately 1,100 guards making it one of the largest security
services providers in Myanmar.
Hospitality sector: through its portfolio, the Company currently
manages over 470 beds across four boutique hotels in three core
tourist locations across Myanmar, operating under the award winning
Ostello Bello budget hospitality brand. MSH operates an asset light
strategy, entering into long-term operating and management
agreements with local hotel owners.
Myanmar was one of the fastest growing economies in Asia in 2017
and 2018 (Source: Asian Development Bank). In 2019, its annual GDP
growth is expected to be about 7% (Source: Asian Development Bank),
making it one of the fastest growing economies in the world.
MSH is well positioned to provide investors early exposure to
Myanmar's strong economic fundamentals enhanced by ASEAN's wider
growth prospects.
This information is provided by RNS, the news service of the
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contact rns@lseg.com or visit www.rns.com.
END
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