Yoma Strategic Holdings (Yoma)

Company in the news

Yoma Strategic Holdings announces debt restructuring for Yoma Central project

Shares in Yoma Strategic closed at 9.9 cents on March 13.
Yoma Strategic reports 76% y-o-y growth in group revenue for 1QFY2023 - THE EDGE SINGAPORE

Results

Yoma Strategic reports 76% y-o-y growth in group revenue for 1QFY2023

The topline growth was due to the growths across the board except for Yoma Motors and Yoma's investment and corporate segment.

Property

Yoma Strategic Holdings to sell land of StarCity project to Yoma Bank for US$40 mil

The transaction is considered an IPT based on SGX’s listing rules.

M&A

Yoma Strategic to acquire Telenor Group's stake in Wave Money at revised consideration of US$40 mil

The revised consideration was lower than the previously-agreed amount of US$53 million.

Offer

Memories Group seeks voluntary delisting; 4.7 cent cash offer made to shareholders

Shareholders may also opt for new shares in the capital of the offeror in lieu of cash.
Yoma Strategic triggers SGX query after share price surge - THE EDGE SINGAPORE

SGX query

Yoma Strategic triggers SGX query after share price surge (update)

Yoma Strategic was also the second-most traded counter on the SGX-ST as at 3.54pm, with 58.5 million shares changed hands.

Results

Yoma reverses from loss to US$216,000 in 2HFY21 despite Covid-19 disruptions

No dividend has been declared for the FY2021.
Yoma goes deeper into the red with net loss of US$21.6 mil for 1H21 - THE EDGE SINGAPORE

Results

Yoma goes deeper into the red with net loss of US$21.6 mil for 1H21

Looking ahead, the group says it expects to enforce financial implementation measures including a reduction in staff costs.
Neo and wife assume substantial stake in JV partner Boldtek in married deal - THE EDGE SINGAPORE

Neo and wife assume substantial stake in JV partner Boldtek in married deal

Founder and CEO of Neo Group and wife take 8.21% stake in Boldtek; Standard Life Aberdeen trims Yoma Strategic stake to 5.998%.
PhillipCapital downgrades Yoma Strategic to 'neutral' amid ongoing political unrest - THE EDGE SINGAPORE

Myanmar Coup 2021

PhillipCapital downgrades Yoma Strategic to 'neutral' amid ongoing political unrest

The situation in Myanmar is likely to affect more than a quarter of Yoma's FY2021 performance, says PhillipCapital.
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