Change of Registered Office

RNS Number : 2346A

Myanmar Strategic Holdings Ltd

27 December 2017

 

27 December 2017

 Myanmar Strategic Holdings Ltd.

("MSH" or the "Company" or the "Group")

Change of registered address

Myanmar Strategic Holdings (LSE: SHWE), the independent developer and operator of consumer businesses located in Myanmar, one of the fastest growing economies in the world, announces that it has changed its registered address to 80 Raffles Place, #32-01 UOB Plaza 1, Singapore, 048624 with immediate effect.

ENDS

Enquiries

Richard Greer Chairman of the Board Myanmar Strategic Holdings Ltd.	Enrico Cesenni Chief Executive Officer Myanmar Strategic Holdings Ltd.
Broker: Allenby Capital Limited Nick Naylor / Nick Athanas [phone] [e-mail]	PR Agency: Yellow Jersey Georgia Colkin / Joe Burgess [phone] [e-mail]

Further information can be obtained from the company's website www.ms-holdings.com

About Myanmar Strategic Holdings Ltd.

Myanmar Strategic Holdings Ltd. is an independent developer and operator of consumer businesses located in Myanmar, one of the fastest growing economies in the world. Initially concentrating on Hospitality and Education, the Company intends to focus on the broader consumer sector in Myanmar as it grows.

The Company's earliest investments have been in the Hospitality sector - through its portfolio the Company manages over 474 beds across 4 boutique hostels in 3 core tourist locations across Myanmar operating under the award winning Ostello Bello budget hospitality brand. It operates an asset light strategy, entering into long-term operating and management agreements with local hostel owners.

Within its education division, the Company currently has exclusive development and franchising agreements with Pearson for 10 Wall Street English language centres across Myanmar within the next 10 years. In February 2017, the first WSE centre was opened and now has over 800 students, the second centre opened in December 2017.

Myanmar is currently the 4^th fastest growing (as of March 2017) and of one the most promising economies within Asia Pacific. Its annual GDP growth is expected to stand at 7.7% in 2017/2018, making it one of the top 10 fastest growing economies in the world, whilst the number of middle class consumers in Myanmar is also expected to double by 2020.

Myanmar Strategic Holdings is well positioned to grant investors early exposure to Myanmar's strong economic fundamentals enhanced by ASEAN's wider growth prospects.

 

END

 

 

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