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Yoma Strategic
Company in the news
Yoma to complete proposed acquisition of Yoma Fleet on July 26
As part of the consideration, Yoma Strategic has issued and allotted 137 million new ordinary shares to Tokyo Century Asia.
July 25, 2024
Corporate moves
Serge Pun steps down as chairman of Yoma, son to succeed him
Serge Pun steps down as chairman and CEO of Yoma, to be succeeded by son Melvyn
July 24, 2024
Broker's Calls
Yoma Fleet may collaborate with Wave Money, introducing new synergy: PhillipCapital
The analyst believes Yoma would have a new substantial shareholder available for deeper collaboration and access to funding.
July 01, 2024
Company in the news
Yoma rebounds despite a challenging operating environment
Yoma seeks to expand its presence outside of Myanmar to capture the Myanmese diaspora.
June 06, 2024
Results
Yoma Strategic shares up 32.3% following FY2024 turnaround
Revenue grew by 78.6% y-o-y, reaching a record US$220.8 million in FY2024.
May 29, 2024
M&A
Yoma Strategic to acquire controlling interest in fintech firm Wave Money for US$53 million
The agreement completes the divestment process announced in June 2020.
January 17, 2022
Insider moves
Kopernik raises stake in Yoma Strategic; AEM buys back shares after Toh’s sale
Yoma shares were trading at 30 cents before the coup. It is now around 13 cents.
October 07, 2021
Broker's Calls
PhillipCapital keeps ‘neutral’ rating for Yoma but lowers TP on lacklustre outlook
PhillipCapital has lowered its target price to 14.7 cents from 15.6 cents previously.
May 19, 2021
Company in the news
Yoma says business operations have resumed but warns of change in sentiment
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.
February 02, 2021
SGX Research Series: 10 in 10
Yoma's evolution puts it in good stead to capture emerging Myanmar's growth
Yoma is now primed to ride on Myanmar's growth
June 26, 2020