Memories Group Limited (1H4.SI)

0.0510 0.0000 (0.00%) At close: 10:13AM SGT

Memories Group Limited

The Campus
1 Office Park Rain Tree Drive - Pun Hlaing Estate Hlaing Tharyar Township
Yangon 11401
Myanmar
95 1 368 7703
http://www.memoriesgroup.com

Sector(s): Consumer Cyclical
Industry: Leisure
Full-time employees: 

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Serge Pun	Exec. Chairman	208.8k	N/A	N/A
Mr. Chi Yam Pun	CEO & Exec. Director	260.76k	N/A	1979
Mr. Myint Aung Myo	Group Financial Controller	N/A	N/A	N/A
Ms. Brenda Ho	Director of Sales & Marketing	N/A	N/A	N/A
Ms. Hnin Myitzu	Head of HR	N/A	N/A	N/A
Mr. Michael Cole	Head of Burma Boating	N/A	N/A	N/A
Mr. Juergen Fischer	Sr. VP of Hotels	N/A	N/A	1959
Ms. Hwee Fang Loo	Joint Company Sec.	N/A	N/A	N/A
Ms. Guat Huat Chua	Joint Company Sec.	N/A	N/A	N/A

Amounts are as of 31 December 2019, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in SGD.

Description

Memories Group Limited, together with its subsidiaries, operates as a tourism company in Myanmar. It operates through three segments: Experiences, Services, and Hotels. The Experiences segment engages in the full service commercial hot air balloon business under the Balloons over Bagan brand in Bagan and Inle Lake area. It also provides cruising services on luxury yacht in the Mergui Archipelago in southern Myanmar under the Burma Boating brand. The Services segment engages in the provision of travel and destination management services, including designing and preparing customized itineraries for tour packages; organizing various excursions, activities, and cultural experiences; managing tour logistics, such as recommending and booking of accommodations, restaurants, and transportation; organizing meetings, incentives, travel, conventions, and exhibition events; and provision of travel guides of various languages in Myanmar. It provides its services under the Asia Holiday brand. The Hotels segment owns and operates hotels, resorts, and lodges at various tourist and business destinations. It operates hotels under the Awei, Keinnara, and Suggati brands; lodges under the Pun Hlaing, Hpa An, and Loikaw brands; and resorts under the Kayah brand, as well as an integrated tourism platform. The company also develops and manages hotels and related hospitality businesses; operates restaurant and related services; and provides tour operator and travel agency services. Memories Group Limited is headquartered in Yangon, Myanmar.

Corporate governance

Memories Group Limited’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.