REG - Asia Strategic Ltd - Result of AGM

Asia Strategic HoldingsAnnouncement

19/03/2025 09:45

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RNS Number : 3004B  Asia Strategic Holdings Limited  19 March 2025

19 March 2025

 

Asia Strategic Holdings Ltd.

 

("Asia Strategic" or the "Company")

 

Result of AGM

 

Asia Strategic Holdings Ltd. (LSE: ASIA), the independent developer and
manager of consumer businesses located in emerging Asia, is pleased to
announce that at the Company's Annual General Meeting ("AGM") held earlier
today, all resolutions were duly passed.

 

For more information, please visit www.asia-strategic.com
(http://www.asia-strategic.com/)  or contact:

                                                     richard@asia-strategic.com (mailto:richard@asia-strategic.com)

 Asia Strategic Holdings Ltd.                        enrico@asia-strategic.com (mailto:enrico@asia-strategic.com)

 Richard Greer, Independent Non-Executive Chairman

 Enrico Cesenni (OSI), Founder and CEO

 Allenby Capital Limited (Broker)                    +44 (0)20 3328 5656

 Nick Athanas

 Nick Naylor

 Lauren Wright

 Yellow Jersey PR (Financial PR)                     +44 (0) 20 3004 9512

 Shivantha Thambirajah

 Bessie Elliot

 

Notes to editors

Asia Strategic Holdings Ltd. (LSE: ASIA) is an independent developer and
operator of consumer businesses focused on Education and Services in Emerging
Asia, specifically Vietnam and Myanmar, two of the world's fastest-growing
economies.

 

Education Division: The Group operates a diverse portfolio of education
brands, encompassing English language learning, coding, K-12 international
education, and tertiary education. As of September 30, 2024, the Education
division consisted of 33 schools, serving 9,315 students.

 

Wall Street English

·      Exclusive franchising agreement since 2016 (Myanmar) and 2020
(Vietnam).

·      Vietnam: Nine schools serving 3,446 students.

·      Myanmar: Six schools serving 3,262 students.

Kids&Us

·      Exclusive franchising agreement since 2022.

·      Vietnam: Six schools serving 767 students.

·      Myanmar: Three schools serving 475 students.

Logiscool

·      Exclusive franchising agreement since 2023.

·      Vietnam: Two schools serving 81 students.

·      Myanmar: Three schools serving 317 students.

Yangon American International School

·      Established in 2019 as an authorised International Baccalaureate
("IB") Primary Years Programme ("PYP") school.

·      Candidate for IB Middle Years Programme ("MYP") authorisation and
Western Association of Schools and Colleges ("WASC") accreditation.

·      Offers up to eighth grade (2024/25 academic year) with 145
students.

Auston

·      Partnerships with Auston Institute of Management (Singapore) and
Liverpool John Moores University (UK) to offer internationally recognised
engineering and IT diplomas and degrees.

·      Two campuses in Yangon and Mandalay.

·      Yangon: 611 students enrolled as of 30 September 2024.

·      Mandalay: 211 students enrolled as of 30 September 2024.

Services Division

EXERA

·      Acquired in 2018, provides integrated risk management, asset
protection, secure logistics, safety services, and facility management
services to both international and local clients in Myanmar. Expanded into
Vietnam in 2024, offering facility management services.

·      Vietnam: Facility management operations launched in FY24.

·      Myanmar: ca. 1,700 security officers and ca. 230 customer sites
as of September 2024.

Ostello Bello

·      Operates boutique hotels in Myanmar's key tourist destinations of
Bagan and Mandalay with ca. 40 rooms and ca. 130 beds.

 

Asia Strategic Holdings utilises an asset-light strategy to scale its
operations and capitalises on emerging opportunities in Vietnam and Myanmar.

 

To receive news alerts on Asia Strategic Holdings please sign up here under
the 'RNS' header: https://asia-strategic.com/investor-relations/
(https://asia-strategic.com/investor-relations/)

 

 

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