Singapore Windsor

Singapore Windsor: Entered into JV with Golden Infrastructure Group (GIG) to set foot in the telco business in Myanmar. Subjected to obtaining a master service agreement with a telco service provider in Myanmar, the JV will engage in the business of owning and operating telco infrastructure, provide services to telco operators, tower companies, service providers, equipment companies and users of telco services in the country. In relation to the agreement, GIG, which has the expertise and resources to build communication towers in Myanmar, will provide its services to the JVCo for US$750,000/year over a 10-year term.