In earlier stage of founding a small business entity, there was a concrete business strategy – a fifteen-year plan – for Myanma Power Spectrum to run in its future business environment.
In this plan, there were three five-year plans – first five-year: building internal strength of the entity (2003~2008); second five-year: doing business (2009~2013); and third five-year: investment & business expansion (2014~2018).
Now-a-day, Myanma Power Spectrum has successfully implemented the first and the second five-year business plans. According to the fifteen-year business plan, we are now running in a period of the third five-year stage.
2003
Started own business with a retail shop for electrical products
2006
Officially registered the private limited company namely Myanma Power Spectrum Co., Ltd.
2010
Established Power Spectrum Pte Ltd, Singapore as a subsidiary company
2012
Opened a branch office at Mandalay namely My Power – Electric Mart for expanding retail sales market
2013
Established Prime Unity Trading Co., Ltd., Myanmar as a subsidiary company
2014
Started operation of a manufacturing plant at South Dagon Industrial Zone; Established Ever Spectrum M&E Engineering Co. Ltd. (a JV Company with Ever Power Engineering Pte Ltd.) as a subsidiary company