Myanmar Strategic Holdings Ltd Total Voting Rights (4787M)
April 30 2018 - 2:01AM
UK Regulatory
TIDMSHWE
RNS Number : 4787M
Myanmar Strategic Holdings Ltd
30 April 2018
30 April 2018
Myanmar Strategic Holdings Ltd.
("Myanmar Strategic Holdings" or the "Company" or the
"Group")
Total Voting Rights
Myanmar Strategic Holdings (LSE: SHWE) ("MSH"), an independent
developer and operator of consumer businesses in Myanmar, one of
the fastest growing economies in the world, announces that the
Company's issued share capital as at the date of this announcement
comprises 2,317,133 ordinary shares of no par value, with one
voting right per share ("Ordinary Shares"). The Company does not
hold any Ordinary Shares in treasury. The total number of Ordinary
Shares and voting rights in the Company is therefore 2,317,133.
The figure of 2,317,133 may be used by shareholders as the
denominator for the calculations by which they will determine if
they are required to notify their interest in, or a change to their
interest in, the share capital of the Company under the FCA's
Disclosure Guidance and Transparency Rules.
Enquiries
Richard Greer Enrico Cesenni
Chairman of the Board Chief Executive Officer
Myanmar Strategic Holdings Myanmar Strategic Holdings
Ltd. Ltd.
Broker: Allenby Capital PR Agency: Yellow Jersey
Limited Georgia Colkin / Joe Burgess
Nick Athanas / Nick Naylor +44 (0)203 735 8825
/ Nick Chambers msh@yellowjerseypr.com
+44 20 3328 5656
n.athanas@allenbycapital.com
Further information can be obtained from the company's website
www.ms-holdings.com
About Myanmar Strategic Holdings Ltd.
Myanmar Strategic Holdings Ltd. ("MSH") 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 470 beds
across four boutique hostels in three core tourist locations in
Myanmar. The Company operates under the award winning Ostello Bello
budget hospitality brand. An asset light strategy is followed,
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
ten Wall Street English language centres across Myanmar over the
course of the ten-year agreement. Two centres in Yangon were opened
in 2017, and, as of March 2018, they served over 1,000 students.
The opening of a third centre in Yangon is expected by August
2018.
The Company has also signed a joint venture with Auston
Institute of Management to develop and operate the Auston College
Myanmar. The private school will open in May 2018 and will
initially offer the following curriculum: (i) Diploma in
Engineering Technology, (ii) Diploma in Construction Project
Management and (iii) Diploma in Networking, Information Systems,
and Security. English language learning will also be provided by
the Company's nearby Wall Street English centre.
Myanmar is expected to be the fastest growing economy in Asia in
2017 (Source: Asian Development Bank). In 2018, its annual GDP
growth is expected to be 8.0% in 2018 (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 company news service from the London Stock Exchange
END
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