TIDMSHWE
Myanmar Strategic Holdings Ltd
19 July 2021
REACH- a non-regulatory announcement
19 July 2021
Myanmar Strategic Holdings Ltd.
("MSH" or the "Company")
Yangon American awarded International Baccalaureate Primary
Years Programme authorisation
Myanmar Strategic Holdings Ltd. (LSE: SHWE), the independent
developer and operator of consumer businesses located in Myanmar
and Vietnam, is pleased to announce that the Yangon American
International School ("Yangon American"), the Company's first
private K-12 international school, has been recognised as an
official International Baccalaureate Primary Years Programme ("IB
PYP") school by the International Baccalaureate Organization.
The IB PYP programme, which was established by the International
Baccalaureate Educational Foundation in 1997 and is now taught in
109 countries, is designed for students aged 3 through 12 and
focuses on the child as an "inquirer", developing their natural
curiosity, both in and out of the classroom.
Despite the challenges of online learning during the COVID-19
pandemic and the recent political events in Myanmar, the school's
leadership, teachers and students completed a two-year training and
implementation path to achieve recognition as one of an elite group
of elementary school programmes worldwide that teach high-level
academics to all students.
As an IB World School, Yangon American is now part of a global
community of schools committed to developing knowledgeable, caring
young people who will be ready to negotiate their futures
successfully and make contributions resulting in a more harmonious
and peaceful world.
Among the key components of IB PYP at Yangon American are
teaching international-mindedness: who we are in our school, in our
community and in the world; focusing on the social, emotional and
academic well-being of students; learning a foreign language;
continuing professional development for teachers to expand their
knowledge and expertise in teaching IB PYP to high international
benchmarks; and regular evaluation visits by the International
Baccalaureate Organization to affirm the quality of the
programme.
Yangon American's enrolment for academic year 2020-2021 was ca.
70 students. Subject to the relevant rules and regulations, Yangon
American is committed to teach the academic year 2021-2022 in
person.
Commenting on the award of the IB PYP authorisation, the Head of
School at Yangon American, Robert Crutchfield, said:
"The entire Yangon American learning community is to be
congratulated as they are officially recognised internationally for
what we have known to be true since our founding in 2019; that
Yangon American is committed to student achievement and academic
excellence. This achievement would not have been possible without
the commitment and dedication shown by our faculty, staff, parents,
Board of Directors and students.
"Offering the Primary Years Programme to the students at Yangon
American is an opportunity for us to change the course of their
lives. Developing students that can think critically about concepts
and issues, be compassionate about the world around them, and be
creative problem solvers will undeniably change their lives and the
communities they live in. Our students deserve the best educational
experience possible and I could not be prouder or more honoured
than to lead such an amazing group of true professionals and
students."
Jonathan Kolb, Chief Financial Officer of Myanmar Strategic
Holdings, commented:
"I am delighted to announce that the Company's first
international school, Yangon American, has been recognised as an
official International Baccalaureate Primary Years Programme
school, having only opened in August 2019.
"Against the backdrop of a challenging environment, with the
school's leadership, teachers and students completing two years of
training online as a result of the Covid-19 pandemic, this
achievement is not to be underestimated. Furthermore, this
programme will undoubtedly have a significant impact on the lives
of all Yangon American's teachers and students, plus those living
in the surrounding community.
"We have also always been committed to responsible investment
and improving the lives of those in the markets we serve, and this
is a further example of that focus. We look forward to further
developments from Yangon American in due course."
For more information please visit www.ms-holdings.com or
contact:
Myanmar Strategic Holdings Ltd.
Richard Greer, Independent Non-Executive richardgreer@me.com
Chairman enrico@ms-holdings.com
Enrico Cesenni, Founder and CEO
Allenby Capital Limited (Broker)
Nick Athanas
Nick Naylor +44 (0)20 3328 5656
Yellow Jersey PR (Financial PR)
Henry Wilkinson
Matthew McHale +44 (0) 7951 402 336
Notes to editors
Myanmar Strategic Holdings Ltd.
Myanmar Strategic Holdings Ltd. (LSE: SHWE) is an independent
developer and manager of consumer businesses in Myanmar and
Vietnam, two of the fastest growing economies in the world. The
Company's portfolio currently focuses on Education, Services and
Hospitality with the view to expand within the broader consumer
sector.
Education sector: the Company currently has exclusive
development and franchising agreements with Wall Street English for
ten English language centres across Myanmar over the course of the
ten-year agreement. Two centres were opened in 2017, a third in
August 2018, and a fourth in February 2020. As of September 2020,
Wall Street English Myanmar served ca 2,000 students.
In July 2020, the Company completed the acquisition of the Wall
Street English business in Vietnam. Founded in 2013, the WSE
Vietnam business operates through seven centres in Ho Chi Minh and
Binh Dhuong serving over 6,000 students.
The Company also operates a joint venture with Auston Institute
of Management to develop and operate the Auston College Myanmar.
The private school opened in May 2018 offering diplomas in
Engineering Technology, Mechanical Engineering and Networking,
Information Systems, and Security. English language learning is
also provided by the Company's nearby Wall Street English centre.
In February 2020, the Company announced a partnership with
Liverpool John Moores University to provide high quality
engineering training programmes for young, working professionals in
Myanmar, to be taught by Auston College Myanmar's teaching staff at
its Junction Square complex in Yangon.
The Company launched its first private K-12 international
school, the Yangon American International School in Yangon, in
August 2019.
Services sector: through its acquisition of EXERA, the Company
offers security, risk management and secure logistics services,
including cash-in-transit. Founded in 2013, EXERA employs
approximately 1,500 well-trained and high-quality security officers
making it one of the largest security services providers in
Myanmar.
Hospitality sector: through its portfolio, the Company currently
manages over 470 beds across four boutique hotels in three core
tourist locations across Myanmar, operating under the award winning
Ostello Bello budget hospitality brand. MSH operates an asset light
strategy, entering into long-term operating and management
agreements with local hotel owners.
Myanmar and Vietnam were among the fastest growing economies in
Asia in 2017-2020 (Source: Asian Development Bank). In 2021,
Vietnam's annual GDP growth is expected to be 6.7% (Source: Asian
Development Bank).
MSH is well positioned to provide investors early exposure to
Myanmar's and Vietnam's strong economic fundamentals enhanced by
ASEAN's wider growth prospects.
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