Myanmar Strategic Holdings Ltd Partnership with Liverpool John Moores University (5048D)
February 20 2020 - 1:00AM
UK Regulatory
TIDMSHWE
RNS Number : 5048D
Myanmar Strategic Holdings Ltd
20 February 2020
20 February 2020
Myanmar Strategic Holdings Ltd.
("MSH" or the "Company" or the "Group")
Partnership with Liverpool John Moores University
Myanmar Strategic Holdings (LSE: SHWE), an independent developer
and manager of consumer businesses located in Myanmar, is pleased
to announce that it will be partnering with Liverpool John Moores
University to provide high quality engineering training programmes
for young, working professionals in Myanmar.
The partnership with Liverpool John Moores University will be
directly with A Partners Limited, which trades as Auston College
Myanmar. A Partners Limited is wholly owned by MS Auston Pte. Ltd.
("MSA"), a joint venture ("JV") company owned 70% by the Company
and 30% by Auston Institute of Management Pte. Ltd. ("Auston"), in
Singapore.
The classes will be taught by Auston College Myanmar's teaching
staff at its Junction Square complex in Yangon. Lecturers will
have, at a minimum, a master's degree or a PhD from a recognised
awarding body. The Junction Square complex is designed to host up
to 300 students. For the final year of studies, students will have
the option of studying in Myanmar or at the Liverpool John Moores
University campus in Liverpool.
Commenting on the partnership, Rebecca Bartlett, Associate Dean
(Global Engagement) for the Faculty of Engineering and Technology
of Liverpool John Moores University, said : "I am delighted that we
have agreed to the partnership with Auston College Myanmar for the
provision of engineering training programmes in Myanmar. Liverpool
John Moores has long been considered a diverse and truly
international university so we are excited to expand our offering
to Myanmar. We look forward to a long and prosperous relationship
with Auston College Myanmar."
Commenting, Enrico Cesenni, Chief Executive Officer of Myanmar
Strategic Holdings, said: "This partnership with Liverpool John
Moores University is a significant step for Auston College Myanmar
in offering a "path towards a degree" and providing globally
recognised degrees in Myanmar. Liverpool John Moores University is
a well-regarded international institution and it is very exciting
that Myanmar nationals have the opportunity to take advantage of
its course programmes. We always strive to deliver high quality
education and we strongly believe that the new courses offered will
open the door to rewarding careers locally and globally for our
students.
"We are hopeful that this partnership will mark the beginning of
a highly beneficial, mutual relationship with Liverpool John Moores
University. We have the intention to open further courses in Yangon
once we are satisfied with the integration of this first syllabus
in our service offering. There is a significant market for the
provision of globally recognised education in Myanmar, and we aim
to continue growing our presence in this sector over the coming
years."
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)
Georgia Colkin
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, a third in
August 2018, and a fourth in February 2020. As of February 2020,
Wall Street English Myanmar served ca. 4,000 students since its
inception.
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, Mechanical Engineering and Networking,
Information Systems, and Security. English language learning is
also provided by the Company's nearby Wall Street English
centre.
The Company launched its first international school, the Yangon
American International School in Yangon, in August 2019.
Services sector: through its acquisition of EXERA, the Company
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 and 2020, 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.
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