Yoma Strategic Holdings (Yoma)

This was due mainly to net other losses of US$11.6 million compared to gains of US$9.0 million in FY2019.

The targeted sites for both projects are not currently part of Yoma Strategic’s existing landbanks.

Yoma Strategic’s positive topline amidst the Covid-19 pandemic has pushed PhillipCapital to reiterate its “buy” call and target price of 46 cents on the counter.

The growth was led by higher revenue posted from Yoma Land’s Real Estate Development and Yoma Motors, as well as growth in its other businesses, and was offset by a decline in Yoma F&B and Yoma Land’s Real Estate Services segment.

Yoma strategic is establishing strong partnerships across different business sectors to become one of Myanmar’s leading companies

Here are three stocks to watch for the week: UG Healthcare Corp, Wilmar International, and Yoma Strategic Holdings.

DBS analysts Rachel Tan and Derek Tan, and Phillip Capital analyst Tan Jie Hui have maintained their "buy" calls on the stock.

Yoma Strategic announced on Wednesday that it was establishing a new company, Yoma MFS Holdings (Wave Holdco), to increase its existing stake and take a controlling interest in Digital Money Myanmar Limited (Wave Money).

Phillip Capital has initiated coverage on mainboard-listed investment company Yoma Strategic Holdings with a “buy” call and a target price of 46 cents, representing a 87.8% upside for the stock.

SINGAPORE (Nov 16): Serge Pun, executive chairman of Yoma Strategic Holdings, bats aside suggestions that he is accepting investment from Ayala only because Western enthusiasm for Myanmar’s growth story has waned. “Asian investors are a lot smarter th