Capital Diamond Star Group Limited (CDSG) and Mitsubishi Corporation (Mitsubishi) are pleased to announce the formation of a Joint Venture, Lluvia Limited (Lluvia) to engage in food manufacturing and distribution businesses throughout Myanmar and regionally.
Lluvia will leverage the expertise and experience of CDSG and Mitsubishi Corporation and aims to invest over US$ 200,000,000 (USD 200 million) in various businesses across the food value chain to contribute to the development of the food industry in Myanmar.
Capital Automotive became Myanmar’s only authorized Ford distributor and dealer in April 2013. Capital Automotive works in partnership with the RMA Group and the Capital Diamond Star Group in Myanmar. The partnership is the latest step in an expanding collaboration that helps modernize and bring innovative vehicle solutions to Myanmar’s automotive industry.
Fullerton Financial Holdings
Fullerton Finance (Myanmar) Company Limited is a Joint Venture microfinance company between CDSG, Fullerton Financial Holdings and International Finance Corporation. Established in 2014, Fullerton Myanmar serves MSME customers through branches located in the 3 regions of Yangon, Ayerwaddy and Mandalay. The company runs a dual urban/rural microfinance program through an innovative use of technology in the field to improve productivity and turnaround time. It aims to grow its customer base 20 fold from 10,000 customers to 200,000 customers by 2021.