Yoma Strategic Holdings (Yoma)

SINGAPORE (Nov 15): DBS Group Research is keeping a keen eye on Yoma Strategic Holdings, following news that Philippine conglomerate Ayala Corporation in injecting some US$155 million ($211 million) to acquire a 20% stake in the Myanmar-focused company.

SINGAPORE (Nov 14): Yoma Strategic Holdings sank into the red with a net loss of US$44.2 million ($60.2 million) for 2Q20 ended September, compared to earnings of US$18.8 million a year ago.

SINGAPORE (Nov 13): Ayala Corporation, one of the oldest and largest conglomerates in the Philippines, is set to invest US$238 million ($324 million) to buy a 20% each in Singapore-listed Yoma Strategic Holdings and Yangon-listed First Myanmar Investment

SINGAPORE (Oct 14): Yoma Strategic Holdings is forming a partnership with Philippines-based AC Energy, Inc. to explore renewable energy projects in Myanmar.

SINGAPORE (July 24): Yoma Strategic Holdings reported attributable net loss for 1Q20 ended June widened to US$13.3 million ($18.2 million) from a restated US$5.6 million a year ago due to lower sales from its property-linked businesses and higher expenses

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SINGAPORE (May 29): Yoma Strategic reported 4Q19 earnings surged to US$25.7 million ($35.5 million) from $0.4 million a year ago.

SINGAPORE (May 27): On April 22, Yoma Strategic Holdings announced a strategic partnership with Tokyo Century Corp for its vehicle leasing service in Myanmar. The latter will acquire a 20% stake in Yoma subsidiary Yoma Fleet for US$26.6 million ($36.6 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.

SINGAPORE (Nov 8): Yoma Strategic Holdings reported 2Q19 earnings of $26.2 million, up sevenfold from $3.7 million a year ago as revenue as investment properties saw a fair value gain.