Yoma Strategic Holdings

Yoma Strategic unit appointed exclusive distributor for JCB in Myanmar

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.

Broker's Calls

Yoma hit by sluggish residence sales

SINGAPORE (July 28): CIMB is keeping its “reduce” call on Yoma Strategic Holdings with a lower target price of 40 cents from its previous price target of 45 cents.

Yoma Strategic signs two master leases for its Landmark Development

SINGAPORE (July 26): Yoma Strategic Holdings has announced the signing of two master leases with Myanmar’s Ministry of Transport and Communications via Myanma Railways for its Landmark Development, an integrated mixed-use development as well as The Peni

Yoma’s 1Q17 earnings drop 28.6% to $1.8 million on softer property-related sales

SINGAPORE (July 26): Myanmar-focused business conglomerate, Yoma Strategic Holdings, reported a decrease in earnings to $1.8 million for the three months ended 30 June 2016 in 1Q17.

Yoma Strategic enters into shareholders’ agreement for Yangon landmark development

SINGAPORE (July 12): Yoma Strategic Holdings, together with its wholly-owned subsidiary Yoma Strategic Investments (YSIL), has entered into an agreement with Mitsubishi Corporation and Mitsubishi Estate; First Myanmar Investment (FMI); and the Internation

IPO

Golden Glory plans Singapore IPO for Myanmar property push

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.
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Broker's Calls

Yoma kept at ‘hold’ by OCBC while DBS maintains ‘buy’

SINGAPORE (May 20): OCBC is keeping its ‘hold’ call on Yoma Strategic Holdings but raising its fair value estimate from 48 cents to 49 cents.

Yoma Strategic posts 33% rise in FY16 earnings to $37 mil

SINGAPORE (May 19): Yoma Strategic, the Myanmar-focused business conglomerate, posted a 32.6% rise in FY16 earnings to $37.2 million, or 2.15 cents per share, from $28.1 million, or 2 cents per share, a year ago.
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