Milestones

Milestones

Milestones

  • May 1991: SPA Myanmar commenced operations from its first head office at 62, Inya Road, Yangon
  • September 1992: First Myanmar Investment Co., Ltd. was established, one of the first publicly owned corporations in Myanmar
  • May 1993: Yoma Bank Ltd. was established, one of the first private banks in Myanmar
  • December 1993: SPA Motorcycle Ltd’s first showroom was opened in Yangon
  • February 1995: FMI Centre, Yangon’s first international class office and shopping centre was opened on Bogyoke Aung San Rd,
  • March 1995: The FMI City development project began, a master-planned modern housing community for Yangon’s growing population
  • December 1997: Site works for the Pun Hlaing Golf Estate began in Hlaing Tharyar Township, Yangon
  • September 1999: SPA Motors Ltd. was formed to manage the Group’s Automobile Division
  • May 2000: Myanmar V-Pile Co. Ltd., holder of the franchise for V-Pile Technology in Myanmar, was acquired by the Group
  • September 2000: The Pun Hlaing Golf Club was opened, an international standard golf course designed by the legendary golfer, Gary Player
  • January 2001: The Orchid Garden Project, a community to accommodate 205 family homes on a 30 acre site, was launched within FMI City
  • October 2001: A business venture with Myanmar Cement Industries Co., Ltd. was started
  • January 2002: The grand opening of Grand Meeyahta Executive Residences, a serviced apartment building in downtown Yangon
  • April 2003: The Evergreen Condominium project, one of the finest condominium estates in Yangon , was launched at Pun Hlaing Golf Estate
  • November 2003: The ground breaking of Pun Hlaing Links Golf Course was carried out at Thanlyin Star City
  • March 2005: Pun Hlaing International Hospital was opened, the first modern hospital in Myanmar to be operated to international standards
  • March 2006: Maw Tin Estate, an agricultural plantation, was established by Myanmar Agri-Tech Co., Ltd. for agricultural R&D and large scale production of a range of crops
  • March 2006: FMI Trading Centre was formed to introduce a systematic securities trading function for FMI’s publically held equities
  • August 2006: Yoma Strategic Holdings Ltd., an associated company of SPA Myanmar, was listed on the Singapore Exchange
  • March 2007: Yoma Yarzar, a manufacturer of motorcycles, was established
  • March 2008: Agribusiness and Rural Development Consultants (ARDC), the first agricultural consultancy firm in Myanmar, became a subsidiary of the Group
  • May 2010: Thanlyin Star City, a master planned community for 25,000 people, had its corner laying ceremony
  • June 2010: Successful Goal Trading Co. Ltd. was established to distribute Chinese-made Dongfeng trucks in Myanmar
  • January 2013: The inaugural Yoma Yangon International Marathon - Yangon’s first international marathon, was launched
  • March 2013: Yoma Strategic Holdings expands into the luxury travel market with the acquisition of Balloon over Bagan
  • April 2013: Yoma Strategic Holdings formed a joint venture with Dragages Singapore Pte Ltd.