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Myanmar
Geopolitics
No solution in sight to Rohingya crisis
SINGAPORE (June 21): Kutupalong refugee camp, Cox’s Bazaar, Bangladesh: It is hot and humid now in Bangladesh, more so in the coastal city of Cox’s Bazaar, which boasts the longest stretch of beach in the world. The Bangladeshis who live in this city
June 21, 2019
Broker's Calls
Yoma remains on track for a rebound amid near-term uncertainties: RHB
SINGAPORE (Dec 27): RHB Research is maintaining its “buy” call on Yoma Strategic while lowering its target price to 57 cents from 66 cents, after the stock’s recent share price recovery from all-time low levels in Oct.
December 27, 2018
Results
Yoma sinks into the red in 1Q19 with $15.9 mil loss despite revenue growth
SINGAPORE (July 24): Yoma Strategic Holdings reported a loss of $15.9 million for 1Q19 compared to earnings of $2.8 million a year ago on higher finance expenses, lower other income, as well as greater share of losses of joint ventures and associated comp
July 24, 2018
Broker's Calls
Yoma Strategic's non-real estate business to contribute towards finger licking good outlook
SINGAPORE (June 29): Yoma Strategic Holdings saw revenue from its non-real estate business surge 33% y-o-y to $65.2 million in FY18, accounting for 60% of its total revenue, as compare to 47% of its total revenue in FY17.
June 29, 2018
Yoma partners Pernod Ricard to produce & distribute whisky in Myanmar
SINGAPORE (May 25): Yoma Strategic plans to form a joint venture (JV) company with French spirits giant Pernod Ricard to focus on the production and distribution of whisky in Myanmar.
May 25, 2018
IFC joins Norfund, Yoma Strategic to raise US$28 mil to bring power to rural Myanmar
SINGAPORE (Apr 3): International Finance Corporation (IFC) is joining as a new investment partner in Yoma Micro Power, a joint venture between Yoma Strategic Holdings and Norwegian state-owned fund Norfund.
April 03, 2018
Yoma Strategic subsidiary opens Myanmar's first Ducati showroom
SINGAPORE (Apr 2): Yoma Strategic Holdings says deemed subsidiary, SGG Motor Services, has opened Myanmar’s Ducati motorcycle showroom at 35th Street, Mandalay.
April 02, 2018
Broker's Calls
Christmas could arrive today for Yoma, says DBS
SINGAPORE (Dec 15): Christmas could arrive early today for Yoma Strategic, one of the few listed proxies for the Myanmar property market, says DBS.
December 15, 2017
Shopper360 one step closer to JV to provide marketing services in Myanmar
SINGAPORE (Nov 16): shopper360, the Malaysia-based shopper marketing services provider, has entered into a definitive joint venture agreement with Pahtama Group to incorporate a new joint venture company in Myanmar.
November 16, 2017
Thai Beverage acquires Grand Royal distilleries in Myanmar for $1 bil
SINGAPORE (Oct 12): Thai Beverage has acquired two spirits production facilities in Myanmar that distil, blend and bottle the Grand Royal brand of spirits.
October 12, 2017