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Yoma's streamlining of businesses making good progress

PC Lee
PC Lee • 2 min read
Yoma's streamlining of businesses making good progress
SINGAPORE (Jan 2): Yoma Strategic recently awarded of the construction contracts for two major Yangon developments and completed the sale of its tourism-linked businesses.
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SINGAPORE (Jan 2): Yoma Strategic recently awarded of the construction contracts for two major Yangon developments and completed the sale of its tourism-linked businesses.

The two events show the conglomerate’s intention of growing its core businesses of food, motor and property while streamlining its non-core operations, says OCBC in a Tuesday report.

On Dec 26, Yoma announced it has completed the proposed sale of its tourism-related businesses on 26 Dec through a RTO of SHC Capital Asia which has been renamed as Memories Group.

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