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Myanmar
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.
September 08, 2016
Keppel Land in JV to develop Phase 2 of Junction City in Yangon
SINGAPORE (Sept 7): Keppel Land, the property arm of Keppel Corporation, has entered into a conditional joint venture agreement with Shwe Taung Group to develop premium serviced residences and offices in the second phase of Junction City in Yangon, Myanma
September 07, 2016
Results
HG Metal returns to profitability in 2Q
SINGAPORE (Aug 10): HG Metal Manufacturing has swung back into the black with earnings of $1.4 million for 2Q16, compared with net losses of $1.3 million in 2Q15.
August 10, 2016
Broker's Calls
Super Group not so super in the near term
SINGAPORE (July 14): Daiwa is sticking to its “sell” call for Super Group, with a target price of 64 cents on the back of intense competition in its core market of Myanmar and potential margin pressure arising from higher input costs and marketing e
July 14, 2016
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.
June 03, 2016
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.
May 19, 2016