A diversified business model is the strength of this stock

SINGAPORE (Jan 9): RHB says Yoma Strategic offers investors the best proxy to invest in Myanmar with its strong and diversified business model.

Not only has Yoma had a good track record of capital allocation, the conglomerate is focused on scaling up its core businesses in property, consumer and automotive equipment.

“We expect the group to be a key beneficiary of the rapid urbanisation trend in Myanmar with its strong foothold in the real-estate sector,” says analyst Goh Han Peng in RHB’s Singapore market strategy report for this year, “Catalysts include bolt-on acquisitions within its core businesses, further restructuring of its non-core assets and the turnaround of non-real estate businesses.”

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