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From Business Traveller Asia

The Hongkong and Shanghai Hotels (HSH), operator of The Peninsula Hotels, has announced a proposed property development in Yangon on April 18, its first in Myanmar. The luxury hospitality group has signed a non-binding agreement for a joint venture with Singapore-based Yoma Strategic Holdings. HSH is to subscribe for 70 per cent interest.

Full article here - http://www.businesstraveller.asia/asia-pacific/the-peninsula-announces-plans-for-myanmar-property

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