Memories Group

Commentary

Myanmar tourism stock soars away from crisis

SINGAPORE (Jan 8): A Myanmar tourism company soared up and away from the country's humanitarian crisis. Tycoon Serge Pun's hot-air balloon operator Memories Group had a strong debut after reversing onto Singapore's junior exchange on Friday. T

Myanmar's first tourism stock starts trading in Singapore

(Jan 5): Thousands of tourists have floated in a hot-air balloon over Myanmar’s historic Bagan plains dotted with more than 2,200 ancient Buddhist temples, pagodas and monasteries. Chances are they rode one of Memories Group’s inflatables.

Broker's Calls

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.

Memories Group launches placement of 50 mil new shares; calls for trading suspension

SINGAPORE (Dec 28): Memories Group, formally known as SHC Capital Asia, today lodged its offer document with the Singapore Exchange (SGX) for the compliance placement of about 50 million shares at 25 cents each.

M&A

SHC Capital Asia lodges circular for placement of 50 mil new shares at 25 cts each

SINGAPORE (Nov 21): SHC Capital Asia announced on Monday night it had lodged a circular for the proposed acquisition of MM Myanmar for $69.7 million.
  •  
×