Memories 1H4

Background

Memories Group Limited is a Myanmar-based tourism company which operates an integrated tourism platform. It was listed on the Catalist Board of the Singapore Securities Exchange Trading Limited through a reverse takeover which was completed on the 26th December 2017. The Group synergistically connects its Experiences, Services and Hotels business segments to provide a seamless, one-of-a-kind experience aimed at creating lasting memories under one cohesive brand.
 
The Group’s current businesses include: (i)  “Balloons Over Bagan” and “Balloons Over Inle”, which are iconic Myanmar tourist attractions operating hot air balloon flights in the Bagan and Inle Lake regions respectively; (ii)  a plot of land located in Nyaung U Township, Bagan, which has been ear-marked for a proposed commercial and tourism-related hospitality development; (iii) “Memories Travel”, also otherwise branded as “Asia Holidays”, a destination management service specializing in the organization of customized tours and events in Myanmar; (iv) “Keinnara (Hpa An)”, also known as the “Hpa-An Lodge”, a luxury 19-room  boutique resort hotel located in the foothill of Mount Zwekabin in Hpa-An in the Karen State; and (v) “Awei Metta”, also known as the “Pun Hlaing Lodge”, a 46-room unique urban resort when completed, located within Pun Hlaing Estate in Hlaing Thayar Township of Yangon. The Group further provides consultancy and management services for other third party tourism businesses as part of our efforts to improve the portfolio of Experiences, Services and Hotels available for our clients.

SGX source · Source update: 01/19/2023 08:45:24 AM (timezone not specified). Source text may be historical.