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SHC Capital Asia
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.
January 02, 2018
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.
December 28, 2017
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.
November 21, 2017
Broker's Calls
Could Yoma be on the cusp of re-rating with potential spinoff?
SINGAPORE (Aug 21): OCBC Investment Research is maintaining its “hold” call on Yoma Strategic Holdings with an unchanged fair value estimate of 58 cents, following news of a slight adjustment to Yoma’s shareholdings in SHC Capital Asia post its prop
August 21, 2017
Broker's Calls
Yoma Strategic gains sharper focus with tourism business spin-off
SINGAPORE (Oct 27): OCBC Investment Research is keeping Yoma Strategic Holdings on “hold” with an unchanged target price of 54 cents following the conglomerate’s announcement that it will be spinning off its tourism-related businesses worth about $7
October 27, 2016
Yoma Strategic to list $71 mil in tourism-related assets via RTO of SHC Capital Asia
SINGAPORE (Oct 24): Myanmar-focused conglomerate Yoma Strategic Holdings will be spinning off its tourism-related businesses worth about $70.7 million and listing them on the Singapore Exchange via the reverse takeover of SHC Capital Asia.
October 24, 2016