Memories Group

Shareholders may also opt for new shares in the capital of the offeror in lieu of cash.

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.

Memories Group says the three employees involved in the misappropriation of funds were immediately dismissed.

(June 3): June 7 will mark the end of Theresa May’s tenure as British Prime Minister, after a three-year leadership fraught with bad mistakes, resignations, controversy and widely panned policies. Her time as PM will be defined by her inability to deliv

SINGAPORE (May 29): Memories Group posted US$6.1 million ($8.4 million) in 4Q19 earnings, up y-o-y from its earnings of US$1 million due to a one-off US$8 million gain from its acquisition of SM Assets Holdings.

SINGAPORE (Apr 29): Memories Group, the SGX-listed company focused on the tourism industry in Myanmar, is acquiring a stake in the 50% owner of three hotels.

SINGAPORE (Apr 26): Memories Group is acquiring a 15.28% stake in Strand Hotel International from Oakfame Investment and its holding company, Sun Hung Kai & Co.

SINGAPORE (May 30): Memories Group, the tourism-focused company based in Myanmar, is acquiring a boutique hotel in Loikaw, Kayah State, Myanmar, for US$2.9 million ($3.9 million) from the Wa Minn Group of Companies and U Kun Naung Myint Wai.

SINGAPORE (Mar 5): Memories Group, the tourism-focused company based in Myanmar formerly known as SHC Capital Asia, has agreed to acquire luxury yachting business Burma Boating from its owners for Kyat 1.3 billion ($1.3 million).

SINGAPORE (Feb 9): Memories Group, formerly known as SHC Capital Asia, announced that its 3Q18 has incurred a loss of US$5.5 million ($7.3 million), compared to earnings of US$0.4 million in 3Q17.