DBS analysts Rachel Tan and Derek Tan, and Phillip Capital analyst Tan Jie Hui have maintained their "buy" calls on the stock.
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SINGAPORE (June 25): Analysts are in favour of Yoma Strategic Holdings raising its effective stake in Digital Money Myanmar Limited (Wave Money).
The company announced on Wednesday that it will be acquiring Telenor Group’s 51% stake in Wave Money for US$76.5 million (S$106.4 million), and will raise funds from a consortium of investors led by Yoma Strategic.
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