(Phnom Penh): Wing Holdings Pte. Ltd announced a new joint venture with Mingalabar Pte. Ltd to expand its unique presence into Myanmar on March 17, 2017, in Phnom Penh.
The signing of this joint venture agreement will lead to a new Myanmar corporation and the launch of the country’s premium offering of mobile financial services.
“Wing plans to bring its brand to Myanmar and plant new seeds of financial inclusion in the country, consistent with the principles of its leaders. It is Wing’s experience since 2009, built from and continuously strengthened by our more than 5,000 Wing agents in Cambodia that will be the pillar of this venture’s operations in Myanmar,” Mr. Jojo Malolos, Wing Chief Executive Officer said.
Mr. Jojo Malolos said that he would like to thank the Mingalabar team, led by Mr. Kyaw Htoo Linn, in appreciating the accomplishments of Wing in Cambodia and giving Wing the trust to together create a positive impact on the lives of millions of people in Myanmar.”
“Seeing and fully understanding how Wing made its name in Cambodia, with its accomplishments being a testament to Wing’s success, made us decide to provide their services to the Myanmar population,” Mr. Kyaw Htoo Linn, Mingalabar Holding Ltd. Founder said.
He would like to thank Wing for this partnership and we look forward to an auspicious venture in Myanmar, said Mr. Kyaw Htoo Lin.