LONDON (Alliance News) - Myanmar Strategic Holdings Ltd said Wednesday that its two core divisions, Education and Hospitality, have performed well over the course of the past year.
In his annual general meeting statement, Chairman Richard Greer said: "Our core education and hospitality divisions have been performing well and the board continue to believe that the growth fundamentals for both divisions remain strong."
He added that the company has been expanding into new sectors in Myanmar, such as technology and security.
"The board believes that these new business opportunities will add significant value not only through revenue generation at the group level, but also by providing significant benefit to Myanmar's local economy and business environment," Greer said.
Shares in the company were untraded at 7.50 pence each on Wednesday.