SINGAPORE WINDSOR HOLDINGS LIMITED | Annual Report 2015
2
OUR BUSINESS AND STRATEGIES
CONSTRUCTION SERVICES
SERVICED OFFICE BUSINESS
TELECOMMUNICATION
INFRASTRUCTURE BUSINESS
FOOD & BEVERAGE
TRADING BUSINESS
With growing economic development in Myanmar and extensive
infrastructures projects being planned, the country’s construction
sector is expected to grow rapidly.
To meet the rising construction needs, the Group’s subsidiary, SMI
Construction services, has a partnership with SANY International to
market, distribute and service SANY equipment in Myanmar. Sany is a
subsidiary of Sany Heavy Industry Co. Ltd, one of the world’s leading
industrial and heavy equipment manufacturing companies and it is
listed on the Shanghai Stock Exchange.
More updates of the Group’s progress in this business segment can
be found in the Group’s FY2015 results which was released on SGXnet
on 27 May 2015.
With the rising tide of foreign investment into Myanmar, the
imbalance between supply and demand of office spaces in Yangon
has culminated in the highest office rental rates within South-east Asia.
Recognising the business potential of this market, the Group
established a joint venture with Arcc Offices Pte. Ltd., to set up and
operate serviced offices as well as ancillary services in Myanmar.
Starting from March 2015, the Group has commenced operations of
serviced offices at the Hlendan Centre in Yangon, with a gross floor
area of 1,350 square metres to support 260 work stations across 93
suites.
The growing tourism and business activities in Myanmar have spurred
an increasing demand of quality food imports and riding on this trend,
the Group announced a joint venture, SMI F&B, with Quarto Products
Pte. Ltd. to import food and beverage items from overseas suppliers
into Myanmar.
More updates of the Group’s progress in this business segment can
be found in the Group’s FY2015 results which was released on SGXnet
on 27 May 2015.
Myanmar’s telecommunications sector has opened up to foreign operators
and capital over the past two years and the industry’s growth trend continue
to be promising for Asia’s least developed telecommunications market.
To harness the opportunities in this industry, the Group established
two subsidiaries, Myanmar Infrastructure Group (“MIG”) and Myanmar
Infrastructure Services Group (“MISG”). MIG’s business objective is to
become an owner and operator of telecommunication infrastructure, while
MISG’s strategy is to provide services to telecom operators and various
segments of the telecom industry.
More updates of the Group’s progress in this business segment can be
found in the Group’s announcement which was released on SGXnet on 7
May 2015.
