Melvyn Pun

Serge Pun steps down as chairman and CEO of Yoma, to be succeeded by son Melvyn

Yoma seeks to expand its presence outside of Myanmar to capture the Myanmese diaspora.

Yoma called for a trading halt of its shares after news of the coup broke in the early hours of Feb 1. It last traded at 28 cents.

SINGAPORE (May 27): On April 22, Yoma Strategic Holdings announced a strategic partnership with Tokyo Century Corp for its vehicle leasing service in Myanmar. The latter will acquire a 20% stake in Yoma subsidiary Yoma Fleet for US$26.6 million ($36.6 mil

(Jan 17): When Melvyn Pun agreed to take his former boss to Myanmar in 2012, little did he know that the trip would cause him to quit his high-profile job at Goldman Sachs Group Inc.

(Jan 5): Thousands of tourists have floated in a hot-air balloon over Myanmar’s historic Bagan plains dotted with more than 2,200 ancient Buddhist temples, pagodas and monasteries. Chances are they rode one of Memories Group’s inflatables.

SINGAPORE (Sept 8): Yoma Strategic Holdings on Thursday announced that wholly-owned subsidiary Convenience Prosperity Company Limited (CPCL) has been appointed as the exclusive distributor for J C Bamford Excavators Limited (JCB) in Myanmar.