Myanmar

SINGAPORE (Oct 6): Myanmar’s Kanbawza Bank announced that a new office in Singapore, making it the first bank from Myanmar to land in Singapore’s shores.

SINGAPORE (Sept 29): DBS Group Research is reiterating its “buy” call on Sembcorp Industries with a target price of $3.10, citing the group’s undervalued utilities business although it has expanded regionally.

SINGAPORE (Sept 9): OCBC Investment Research is keeping Yoma Strategic Holdings on “hold” but raising its fair value estimate to 54 cents, from 49 cents previously.

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.

SINGAPORE (Sept 7): Keppel Land, the property arm of Keppel Corporation, has entered into a conditional joint venture agreement with Shwe Taung Group to develop premium serviced residences and offices in the second phase of Junction City in Yangon, Myanma

SINGAPORE (Aug 10): HG Metal Manufacturing has swung back into the black with earnings of $1.4 million for 2Q16, compared with net losses of $1.3 million in 2Q15.

SINGAPORE (July 14): Daiwa is sticking to its “sell” call for Super Group, with a target price of 64 cents on the back of intense competition in its core market of Myanmar  and potential margin pressure arising from higher input costs and marketing e

SINGAPORE (June 1): Golden Glory Group, a developer of Myanmar real estate, is planning an initial public offering in Singapore this year as the opening of the frontier market spurs property demand in Southeast Asia’s fastest-growing economy.