Key Developments: Yoma Strategic Holdings Ltd (YOMA.SI)

YOMA.SI on Stock Exchange of Singapore

0.54SGD
30 Jan 2015
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Latest Key Developments (Source: Significant Developments)

Yoma Strategic Holdings Ltd's YSIL incorporates subsidiary
Monday, 26 Jan 2015 04:59am EST 

Yoma Strategic Holdings Ltd:Says a subsidiary, Yoma Strategic Investments Ltd. (YSIL), has incorporated a wholly-owned subsidiary - Summit Brands Restaurant Group Co Ltd at Myanmar.The company intends to use this entity for matters in connection with its proposed quick service restaurant related business.  Full Article

Yoma Strategic Holdings Ltd announces incorporation of subsidiaries
Friday, 5 Dec 2014 05:15am EST 

Yoma Strategic Holdings Ltd:Incorporates Yoma Nominee Ltd with issued and paid-up share capital 50,000,000 Kyats comprising 50,000 ordinary shares of 1,000 kyats each.Incorporates Chindwin Pindaya Company Ltd with issued and paid-up share capital of 500,000,000 Kyats comprising 50,000 ordinary shares of 10,000 kyats each.Principal activity is to hold land for development relating to the luxury tourism business sector.  Full Article

YUM! Brands, Inc and Yoma Strategic to bring first KFC to Myanmar
Sunday, 12 Oct 2014 10:00pm EDT 

YUM! Brands, Inc:Says that together with Yoma Strategic Holdings Ltd. it intentions to bring the first KFC restaurant to Myanmar in 2015 with Yoma Strategic as its franchise partner.  Full Article

Yoma Strategic Holdings Ltd updates on the receipt of notice to acquire land development rights
Saturday, 23 Aug 2014 11:46pm EDT 

Yoma Strategic Holdings Ltd:receives written notice from Serge Pun & Associates (Myanmar) Limited offering the Group the right to acquire the economic benefit of 70% of land in Pun Hlaing Golf Estate (PHGE).Says it amounts to an aggregate area of about 250 acres of which about 9.7 million square feet comprises the golf course and about 1.2 million square feet comprises land development rights alongside some related businesses and facilities.  Full Article

Yoma Strategic Holdings Ltd's YSIL establishes of joint venture company
Monday, 4 Aug 2014 11:17am EDT 

Yoma Strategic Holdings Ltd:Says a subsidiary, Yoma Strategic Investments Ltd (YSIL), has entered into a definitive joint venture agreement with Kokubu & Co Ltd and First Myanmar Investment Co Ltd (FMI) to establish and operate a joint venture business in Myanmar.It will initially focus on the distribution of agricultural and marine products, utilizing high-specification vehicles with refrigeration capacity which will enhance the quality, safety and value of agricultural and seafood products being transported to markets in Myanmar.  Full Article

Yoma Strategic Holdings Ltd proposing to raise capital by issuing new ordinary shares
Tuesday, 1 Jul 2014 07:05am EDT 

Yoma Strategic Holdings Ltd:Proposing to raise capital by issuing 135,000,000 new ordinary shares in capital of the Company.Placement Shares, if fully allotted and issued, represent about 10.45 pct of enlarged issued and paid-up share capital (excluding treasury shares) of the company after the completion of placement.Placement shares are priced at S$0.70 per placement share which represents discount of about 8.40 pct to the volume weighted average market price of S$0.7642 for each ordinary share in capital of company.Says for trades done on shares on the main board of the SGX-ST on June 25 being the full market day on which shares were traded preceding date of signing of placement agreement.In relation thereto, the Company entered into a placement agreement dated June 26 with DBS Bank Ltd. and CLSA Singapore Pte Ltd (CLSA) as joint bookrunners pursuant to which the Joint Bookrunners agreed to use their best efforts to procure subscriptions for placement shares.Estimated gross proceeds of placement is about S$94.50 mln and the net proceeds of placement, after deducting estimated expenses of about S$1.67 mln, will amount to about S$92.83 mln.  Full Article

Yoma Strategic Holdings Ltd to acquire land development rights pursuant to First right of refusal deed
Monday, 23 Jun 2014 07:20pm EDT 

Yoma Strategic Holdings Ltd:Says group has received written notice from Serge Pun & Associates (Myanmar) Limited (SPA) offering group right to acquire the economic benefit of 70 pct of the land in Pun Hlaing Golf Estate (PHGE).Says amounting to an aggregate area of about 250 acres (about 10.8 mln square feet) of which about 9.6 mln square feet comprises the golf course and country club.Says and also about 1.2 mln square feet comprises land development rights (collectively, the PHGE Golf and Land) alongside some related businesses, infrastructure and facilities1.Notice was provided pursuant to the First Right of Refusal Deed (FRRD) entered into between SPA and Yoma Strategic Investments Ltd. (YSIL), wholly owned subsidiary of the Company, dated Aug. 17, 2006.  Full Article

Yoma Strategic Holdings Ltd updates on proposed acquisition of Meeyahta International Hotel Ltd
Sunday, 15 Jun 2014 12:12pm EDT 

Yoma Strategic Holdings Ltd:Refers to announcement made on Nov. 19, 2012.Says it has agreed with the vendor, Serge Pun & Associates (Myanmar) Limited (SPA or the vendor), to vary the terms of the proposed acquisition of 80 pct shareholding interests in Meeyahta International Hotel Ltd.It has become apparent that the conditions precedent stipulated in the sale and purchase agreement relating to the proposed acquisition will not be satisfied before the long-stop date of June 30.SPA is confident that all the conditions precedent will eventually be satisfied.However, the timing of such is uncertain at this juncture.  Full Article

Yoma Strategic Holdings Ltd incorporates subsidiary
Thursday, 5 Jun 2014 04:58am EDT 

Yoma Strategic Holdings Ltd:Incorporated SPA Project Management Services Ltd in Myanmar.It principal activity to carry out existing project management services in Myanmar undertaken by Yoma Development Group Ltd a company held through the company‚Äôs wholly owned subsidiaries, Yoma Strategic Investments Ltd and Yoma Development Group Pte Ltd.  Full Article

Yoma Strategic Holdings does not declare dividend
Tuesday, 20 May 2014 06:53pm EDT 

Yoma Strategic Holdings Ltd:Says no dividend has been declared/recommended for the period ended March 31.  Full Article

Singapore-listed Yoma to get $100 mln ADB loan for Myanmar projects

SINGAPORE, Dec 16 - The Asian Development Bank has approved a loan of up to $100 million to Singapore-listed Yoma Strategic Holdings, which the company said it plans to use to invest in infrastructure and logistics projects in Myanmar.

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