The signing of a Memorandum of Understanding (MOU) between Ruby Hill Microfinance Company Limited and Peace Myanmar Electric Holding Company Limited (PMEH).

We are delighted to announce the signing of a Memorandum of Understanding (MOU) between Ruby Hill Microfinance Company Limited and Peace Myanmar Electric Holding Company Limited (PMEH). The MOU was signed on 25th June 2024 in Yangon, Myanmar to offer the provision of employee loans to PMEH employees and allow the reciprocal offering of quality product benefits by PMEH to RHM employees and network as the initial collaboration between the companies. This MOU will establish our exciting new partnership with PMEH and build to a long-standing relationship with further synergistic collaborations. Our sincere thanks to the PMEH team for their efforts in hosting the MOU signing ceremony. Stay tuned for more updates!

About the MOU Signatories:

Peace Myanmar Electric Holding Co., Ltd., was founded in 1994, started importing and distributing of HVAC products and their spares manufactured by Mitsubishi Electric. as an authorized agent for Mitsubishi Electric Products in Myanmar,

Ruby Hill Microfinance Co., Ltd. (RHM), was established in April 2017 by Loi Hein Group (“LHG”) and Dragon Capital Group (“DCG”) as a Joint- Venture (“JV”) in April 2017 to form Ruby Hill Microfinance Co., Ltd. to engage in microfinance business in Myanmar.