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.

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.

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

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

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.
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