Singapore Myanmar Investco Limited announce that it has signed an exclusive distribution agreement with Shiseido Asia Pacific and SMI's subsidiary, SMI Retail Pte. Ltd. With various brands under its product portfolio, including the international luxury brand SHISEIDO, Shiseido Asia Pacific is in the business of the sale and marketing of, among others, high quality, prestige skincare, makeup, cosmetics, fragrance and personal care products. Capitalising on its specific, in-depth knowledge and working experience of the local retail landscape in Myanmar, the Group will establish and maintain a network of high-end retailers who will market the products of Shiseido Asia Pacific in Myanmar. The duration of this exclusive distribution between the Group and Shiseido Asia Pacific shall be for a period of three years, which can be extended by mutual agreement for two.