Yoma Strategic Holdings

SINGAPORE (May 24): Yoma Strategic Holdings reported earnings of $35.9 million for FY17 ended March 31, a 3.2% decline from FY16 due to higher interest expenses and administrative expenses.

SINGAPORE (May 18): Yoma Strategic’s wholly-owned subsidiary, Convenience Prosperity Company Limited (CPCL), has launched its JCB construction equipment products in Yangon.

SINGAPORE (May 2): Yoma Strategic Holdings is partnering Norfund, a Norwegian state-owned investment fund, to establish distributed generation micropower plants and mini grids for the purpose of generating and distributing electricity to off-grid rural co

SINGAPORE (March 23): Confusion over a law allowing foreigners to buy condominiums in  Myanmar is prolonging a slowdown in its residential property sector, highlighting the challenges of regulatory flux in the frontier market.

SINGAPORE (Feb 13): DBS Group Research is maintaining its “buy” with a target price of  80 cents as it remains positive on the group's prospects and see it as a beneficiary of an improved economic outlook with the new Myanmar government.

SINGAPORE (Dec 14): Yoma Strategic Holdings has been taking steps to increase its residential sales, while continuing to grow its automotive and food and beverage businesses.

SINGAPORE (Nov 10): DBS Vickers Securities is maintaining its “buy” call on Yoma Strategic Holdings with an unchanged target price of 80 cents, while remaining positive on the group’s prospects on the back of an improved operating outlook in Myanmar

SINGAPORE (Nov 8): Yoma Strategic Holdings, the Myanmar-focused business conglomerate, announced 2Q17 earnings rose more than 28 times to $8.5 million from $0.3 million the year before on higher revenue across all three of its core businesses comprising r

SINGAPORE (Oct 24): Myanmar-focused conglomerate Yoma Strategic Holdings will be spinning off its tourism-related businesses worth about $70.7 million and listing them on the Singapore Exchange via the reverse takeover of SHC Capital Asia.

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.