investment
Being Opportunistic Without Being a Shark
Frances Kiradjian | April 27, 2020
By Frances Kiradjian Today’s climate may well present a new opportunity for those sitting with cash, or some form of available cash. Cash is king, always has been, always will be. We were always taught to have a rainy-day savings account just for insurance of upcoming needs or even opportunities. If you had a crystal ball or were born a true visionary, you could have imagined/envisioned how events might unfold from the first day that COVID-19 was announced. And as it started growing globally, you would’ve had enough time to figure how to make your “cash” available at the ready-set-go. This would most certainly give you a leg ...
Memories Group Takes Stake in Strand Hotel
Memories Group | May 3, 2019
Three iconic Yangon hotels and cruise ship join an expanding portfolio in Myanmar. YANGON, Myanmar (May 3, 2019) — Myanmar tourism trailblazers Memories Group announced this week that it had bought a minority share in Strand Hotel International Ltd. The US$3.19 million investment gives the Group stakes in a cruise ship and three hotels, most notably the world-famous Strand Hotel, an iconic landmark on the Yangon waterfront, which was built during the British colonial era in 1901. Strand Hotel International Ltd also includes: the 4-star Inya Lake Hotel, which was built in 1958-62 on a 27-acre lakeside property in northern Yangon; t...
