Benefiting from the open door policy and the highly gifted natural environment of our country, our Group has timely got hold of this rare opportunity to invest in various business sectors.
Our Group has always been establishing diversified wholly owned subsidiary companies for vertical and level integration as well as investing in companies related to construction businesses with great potential. We mean to perfect our strength on the construction businesses chain. Companies, that our Group has invested in, include (1) HG Metal, a Singapore based listed company of construction steel business, (2) Lida, a Singapore based limited company of air-conditioned & elevator business, and (3) AGE, Asia General Electric Co., Ltd., a Myanmar based limited company of Transformers, HV, LV panel manufacturing business. These companies help to perfect our industry chain and offer much profit return for our shareholders. Financing and construction business are inseparably related with other businesses of our Group, acting as lubricant and strengthening forces.
Subsequently, we have duly invested in CHD, a Myanmar based construction and housing development bank helping our countrymen to buy homes, contractors who are financially needy, as well as landowners and developers. We have enabled the construction industry to be ever m0ore prosperous.
At the same time, our other major investment is in Wamin Development Co., Ltd., a Myanmar based limited company of office building development business which will surely make the progressing endeavour of our nation an eye- catching focus of South East Asia.