Singapore Myanmar Investco Limited - Annual Report 2016 - page 4

Our Business and Strategies
TRAVEL & FASHION RETAIL
SMI Retail Pte. Ltd. signed a long term agreement in December 2015 after securing 6,700 square
meters of retail space at the new terminal of YIA
This will cover a multi-brand and multi-category duty free space (almost 2,000 square meters on
three levels) and more than 4,500 square meters of mono-brand fashion, lifestyle and travel retail
stores and concepts, all duty free
This will lead to the introduction of more than 30 international brands and will create an
exceptional airport retailing experience
The duty free merchandise for the multi-brand and multi-category store will be supplied by DFS
Venture Singapore, based on the 10 year exclusive supply agreement signed by SMI in May 2015
Together, these initiatives will augment SMI’s market position in the burgeoning travel industry
and increase its business presence in consumer-related services in Myanmar
Setting our sights on raising the airport retail experience in Myanmar to the highest
standards of international duty-free retail
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