3 Things About UPP Holdings Ltd (SGX:U09) by Goh Tee Leng, Value Edge
UPP Holdings Limited is an investment holding company that engages in the manufacturing and sale of paper and paper packaging products in Singapore, Malaysia, Myanmar, rest of Asia, ASEAN countries and internationally. The company is formerly known as United Pulp & Paper Company Limited and was founded in 1967 and is headquartered in Singapore. The company operates through three segments: Paper Mill, Power and Others. Under the Power segment, it operates a 50MW gas-fired electricity generating plant in Ywama, Myanmar.
Here are 3 things about UPP Holdings:
1. Growth in Energy Demand
Myanmar has one of the lowest electrification rate in the world. For now, around 33% of...
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