Amata is a public holding company and our principal business activity is the management and operations of resort hotel and hot air ballooning business.
Amata owns 99.99% share from United International Group Co., Ltd (UIG) and 51% shares from Myanmar Ballooning Co., Ltd (MB). We are a leading manager and developer of mid to premium resorts, hotels and spas in Myanmar. Under UIG, we operate hotels in the mid to premium market segments of the hospitality sector in Myanmar through the following resorts and hotels:
• Amata Resort & Spa (Ngapali Beach)
• “My Bagan Residence” by Amata
• Amata Garden Resort (Inle Lake)
• Amata Garden Resort (Bagan)
• “My Hpa An Residence” by Amata
Our resorts each typically have between 50 and 200 rooms. We offer our customers a multi-faceted travel and leisure experience which we deliver through our 5 resorts and hotels, each integrated with spas, fine dining and bistro. The travel experience is also complemented by our Oriental Ballooning Service (under MB), which offers serene panoramic balloon rides through 15 balloons in 6 cities in Myanmar.
|Close price||Volume||Change KS.||Change%|
|Date||Open||Close||Trading Volume (Shares)||Trading Value (MMK)||Market Capitalization (mil MMK)|
|8th June 2021||5,000||5,000||2||10,000||52,488|
|7th June 2021||4,900||5,000||102||506,300||52,488|
|4th June 2021||4,900||5,000||76||372,400||52,488|
|3rd June 2021||5,300||4,600||1,791||8,717,800||48,289|
Our Company was incorporated on 27 June 2017 in Myanmar under the
Companies Act 1914 (which has since been repealed and replaced by the
Companies Law) as a public limited company under the name of Amata Holding
Public Company Limited.
In 1993, the Group started operations with the incorporation of UIG which was
primarily focused on the management and operations of resorts and restaurants
under the “Amata” brand.
Amata Resort (Ngapali Beach) was the first resort under the “Amata” brand and it
began operations in 2003. Thereafter the Group expanded in 2011 and “My
Bagan Residence” started operations in Bagan.
Leveraging on the success of its first two resorts, the Group set up Amata Garden
Resort in Inle Lake in 2013. The Group decided to diversify its business and
expanded into the business of operating hot air balloons under the Oriental
Ballooning Service in 2013 through MB.
To leverage off the success of “My Bagan Residence” in Bagan, Amata Garden
Resort (Bagan), was set up and opened its doors to guests in November 2017. In
FY 2017-2018, we have expanded Amata Garden Resort (Inle Lake) by
constructing 20 additional villas. 122 rooms were added in October 2017 for
Amata Garden Resort (Bagan) and 93 rooms were added in October 2018 for
Amata Garden Resort (Inle Lake).
Amata had acquired 99.99% of the total issued share capital of UIG and 51.0% of
the total issued share capital of MB on 1 August 2018. Correspondingly, both UIG
and MB became subsidiaries of the Company.
The latest addition to our hotel and resort portfolio, “My Hpa An Residence by
Amata” first opened its doors to guests in October 2019.
Amata was approved to be listed on the Yangon Stock Exchange (Main Board) on
28 December 2020