With headquarters in both Singapore and Yangon, Asia Strategic Holdings (“Asia Strategic”) is an operator and developer of a fast-growing portfolio of businesses aimed at creating opportunities for investors to gain exposure to one of the world’s final frontier markets: Myanmar.
As a foreign-owned operator and investor in Myanmar, one of the fastest growing economies in the world, Asia Strategic employs over 2,500 people operating across three principal sectors that it has focused on thus far: education, hospitality, and business services.
In 2016, Asia Strategic first invested in the education sector by securing exclusive rights to operate the Wall Street English language brand in Myanmar. To date, Asia Strategic has opened and operates four Wall Street English centers in the cities of Yangon and Mandalay, as well as seven additional Wall Street English centres that it took over in Vietnam.
In 2017, Asia Strategic signed a joint venture agreement with Auston Institute of Management, a leading private engineering institution in Singapore, to bring the brand to Myanmar. Auston College in Myanmar was soon launched, with foundation and diploma programs offered at a new state-of-the-art campus. Since then, the school has grown; in 2020, it partnered with UK’s Liverpool John Moores University to add internationally recognised degrees to its offerings.
In 2018, Asia Strategic identified an opportunity to open a top-tier international K-12 school in Yangon at a moderate price. After over a year of careful planning and fitting out of a world class new four-story campus, Yangon American International School welcomed its first students in August 2019. The school continues to grow and will be the first to offer the International Baccalaureate Primary Years Program when it is certified in 2021.
In 2018, Asia Strategic entered into the security risk management market by acquiring Exera, a leading security company in Myanmar, with over 1,200 professionals serving 50 companies. Exera provides risk management, consultancy, integrated security, security logistics, facilities management, and cash solution services.
As of 2020, the hospitality division operates nearly 500 beds across four locations under the boutique brand ‘Ostello Bello’. The group is continually sourcing for more locations to add to its portfolio.
Ostello Bello (Myanmar)
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