Source of wealth: UMG Myanmar Group
Address: No.589/592, Bo Aung Kyaw St, Yangon-Pathein Highway Rd, Hlaingthaya Tsp, YANGON
Business: Heavy Equipment, Construction Materials, Construction, Generators, Forklift, Air Compressor, Distribution, Education Service, Financial Service, Production of Snacks, Mining, Infrastructure Developer, Automobile Agent, Amusement & Recreation Service
Entrepreneur Marlar Win has built UMG Myanmar into one of the country’s largest and most diversified conglomerates in agricultural mechanization, food industries, logistics and finance. She is president and co-owner of Myanmar’s largest distributor of heavy machinery, with a market share of more than 50%.
“Rules and regulations of the previous government were a big challenge to us, but forced us to successfully open branches abroad.”
Marlar Win is the president and co-owner of UMG Myanmar. She started her prodigious investing career at a young age. Marlar Win previously worked as secretary to the Military Attaché in the Embassy of Indonesia in the early 1990s, before starting her own investment firm. In July 1998, she founded United Machinery Company with her partner Mr.Kiwi Aliwarga, who currently heads UMG as CEO. The company began with only six staff including herself; today, UMG has more than 2,500 staff and 27 branches. Within the first few years, she imported and distributed used machine and spare parts to win at least 50% of Myanmar market, building up UMG Myanmar to rank among the country’s largest diversified conglomerates. UMG’s five main business lines are food; education and entertainment; resources; property and infrastructure development; and distribution. UMG Myanmar is the largest heavy machinery distributor in Myanmar, commanding over 50% market share. UMG distributes motorcycles, automobiles, buses and trucks including those from premier brands like Mitsubishi, Kawasaki and Volvo.
UMG was suspended as a result of some wrongful decision of the previous government. Regardless, Marlar Win managed to surmount most big hurdles. UMG’s Dragon Power subsidy was established in 2002, currently operating in property and infrastructure including lease of heavy plant. Dragon Power also constructs infrastructure, such as
roads and hydro-electric plants.
In agricultural mechanization, Win Motors company expanded sales of Deutzfahr Tractor and Yanmar Combine Harvester.
Chrysanthemum Wealth was formed in November 2011 to remanufacture most machines including Cummis, Foton (Lovol), Hitachi, Hino, Isuzu, John Deere, Kawasaki, MTU, Nissan Diesel, Perkins, Volvo and other. It distributes world famous brands such as Bosch & Delphi Diesel Parts, Deutz and Cummins Engine Parts, Sanden Air-con Compressors, Rexroth Hydraulic Motor and Pump. It also opened simulator trainings to train drivers of excavator and wheel loader vehicles. UMG remains an importer and distributor of Volvo Bus, Volvo Excavator, Volvo Trucks, JMC Truck, Kawasaki and Vespa brand motorcycles. In 2016 Volvo Group and Performance Auto Company Limited formally signed an agreement with Marlar Win’s group to become their sole representative and distributor in Myanmar.
UMG’s next successful milestone was Win Food industry which was first expanded in 2013 to manufacture wafer and tapioca-based snacks. UMG’s logistics company serves the transport sector. Win Finance, launched in 2014, provides financial services that include Hire-Purchase programs for heavy equipment, trucks, buses and agricultural vehicles and equipment.
In food and beverages, Onion Skin was established in 2014 as another subsidiary of UMG Group. It aims to be the industry leader in food and beverage distribution in Myanmar. In health care, Gud Care was founded in 2014 and has been awarded medical tender for two consecutive years by Myanmar’s Ministry of Health & Sport.
Since 2015, UMG has been operating Myanmar’s first water gliding park named Yangon Waterboom. The 18 acre land of Yangon Waterboom also houses a futsal arena, an international standard food court, beauty salons and a retail souvenir store onsite.
In education, UMG College confers world-recognized Diplomas in Civil Engineering, Mechanical Engineering and Electrical Engineering. In 2016, the Information Technology & IT Business Management School was opened and UMG University is planned in the near future.
In ICT, Kiwi & I Company is the leading distribution of Ooredoo SIM Card and Top up Cards in Upper Myanmar and is the sole importer / distributor of Intex Smart Phone in the country. In mining, UMG Myanmar is jointly producing paving stones and gypsum (used in making cement) with one of Myanmar’s government ministries.
The domestic network of UMG Myanmar has 24 branches and over 1,200 employees. It has a presence in seven other countries, namely Vietnam, Indonesia, Sri Lanka, Papua New Guinea, Singapore, Cambodia, and Laos.
Marlar Win intends to make UMG Myanmar a billion-dollar firm by 2020 and believes that “management is paramount in making a success.”