Rebuilding lives in Labutta and Namsan, Myanmar

COMPANY UPDATE BY ASIA WORLD COMPANY LTD.

In the wake of a devastating fire blaze in the towns of Labutta and Namsan, Myanmar, on 4 February 2016, Asia World Foundation ("AWC") swiftly assembled a team to provide disaster relief to communities in need.

Staff from Asia World Company Ltd ("AWC"), Asia World Port Management Co. Ltd., Gold Energy Co. Ltd. and Yangon Aerodrome Co. Ltd volunteered their time and effort for the relief exercise on 12 February 2016 at Labutta and 13 February 2016 at Namsan.

In Labutta where the fire blaze destroyed the homes of about 332 families, AWF and the AWC subsidiaries donated food supplies such as rice, edible cooking oil, beans, instant noodles and utensils to all affected families, the Kyeik Htee Yoe Monastery and Young Vocational Training Centre. A total of MMK 6.64 million and MMK 1 million were also raised for distribution to the families and Young Vocational Training Centre respectively.

1. Fire blaze in Labutta which destroyed more than 300 homes

2. AWC staff preparing relief pack and food supplies for urgent distribution

3. Affected families queuing up to receive relief aid food items

In Namsan, food supplies, roofing materials and books and stationery were distributed to the affected families and school students. The team also visited Namsan Hospital where donations were previously made by AWC in 2010 to explore what further relief aid could be provided in the wake of this disaster.

4. Visit to Namsan Hospital to explore what aid could be provided by AWC

5. Relief supplies delivered to school and Young Vocational Training Centre

Through leveraging on the collective strength, timeliness and efficiency of AWF and AWC subsidiaries, AWC hopes that the disaster relief efforts will contribute to alleviating the suffering of the affected families and aid the communities in rebuilding their lives after this disaster. AWF thanks the residents of Labutta, Namsan and staff of AWC Group for their assistance and effort.