Royston Foo

Equity Bottom-Up

<p><a href="https://www.smartkarma.com/entities/14962" target="_blank" data-smartkarma-citation="entities:14962:1">Memories (MEGL SP)</a>  (“MGL”), an associate company of <a href="https://www.smartkarma.com/entities/65" target="_blank" data-smartkarma-citation="entities:65:1">Yoma Strategic Hldgs (YOMA SP)</a> , announced today that it will be acquiring 2 hospitality assets in the southern part of Myanmar - Mergui Archipelago and Mawlamyaing. Total consideration of the acquisition is S$40.7 mil.</p><p>The 2 hospitality assets are:</p><ul>
<li>Hotel Suggati Mawlamyaing <ul>
<li>A 6-storey 3-star hotel with 72 rooms that is 10 min away from Moulmein City Centre. The hotel is under construction and will open end of December 2018.</li>
<li>Estimated…</li>
</ul>
</li>
</ul>

Memories (MEGL SP)  (“MGL”), an associate company of Yoma Strategic Hldgs (YOMA SP) , announced today that it will be acquiring 2 hospitality assets in the southern part of Myanmar - Mergui Archipelago and Mawlamyaing. Total consideration of the acquisition is S$40.7 mil.The 2 hospitality assets are:
Hotel Suggati Mawlamyaing 
A 6-storey 3-star hotel with 72 rooms that is 10 min away from Moulmein City Centre. The hotel is under construction and will open end of December 2018.
Estimated…




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