Yoma Fleet

M&A

Tokyo Century to acquire 20% stake in Yoma Fleet for $36 mil

SINGAPORE (Apr 22): Yoma Strategic Holdings says Tokyo Century, one of the Japan’s largest leasing companies, will acquire a 20% stake for US$26.6 million ($36 million) in Yoma Fleet by way of newly issued shares.

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.
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