Yoma Strategic

SINGAPORE (May 25): Yoma Strategic plans to form a joint venture (JV) company with French spirits giant Pernod Ricard to focus on the production and distribution of whisky in Myanmar.

(Jan 17): When Melvyn Pun agreed to take his former boss to Myanmar in 2012, little did he know that the trip would cause him to quit his high-profile job at Goldman Sachs Group Inc.

SINGAPORE (Nov 7): Yoma Strategic has raised gross proceeds of $82.2 million following the closure of a placement exercise involving the issuance of 155 million new shares at 53 cents each.

SINGAPORE (Nov 5): Yoma Strategic has successfully closed a placement exercise raising gross proceeds of $82.2 million.

SINGAPORE (July 27): OCBC likes the good set of 1Q numbers presented by Yoma Strategic but is tempering its optimism with some caution.

SINGAPORE (March 28): RHB  Research is maintaining its positive view on Yoma Strategic as “the best proxy to invest in Myanmar” and continues to rate the counter at “buy” with a target price of 78 cents, despite the group posting a 98.7% decline

SINGAPORE (Feb 24): Yoma Strategic Holdings has entered into a strategic partnership with Metro Group Wholesale & Food Specialist Company to establish a one-stop food distribution platform in Myanmar through the formation of joint venture (JV) company, Me

SINGAPORE (Feb 10): Yoma Strategic reported earnings of $0.3 million for 3QFY17, a 98.7% drop from the earnings of $25.2 million in 3Q16 on lower fair value gain after disposing a partial stake in its telco towers business.

SINGAPORE (Jan 13): Yoma Strategic says its Landmark development projects have been approved by the Myanmar Investment Commission and listed as Permitted Investments (1/2017).

SINGAPORE (Jan 9): RHB says Yoma Strategic offers investors the best proxy to invest in Myanmar with its strong and diversified business model.