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

YOMA.SI on Stock Exchange of Singapore

0.70SGD
26 Nov 2014
Price Change (% chg)

$-0.00 (-0.70%)
Prev Close
$0.71
Open
$0.71
Day's High
$0.71
Day's Low
$0.70
Volume
1,797,000
Avg. Vol
2,981,079
52-wk High
$0.84
52-wk Low
$0.59

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Latest Key Developments (Source: Significant Developments)

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

Yoma Strategic Holdings Ltd announces incorporation of a joint venture company
Friday, 9 May 2014 01:05pm EDT 

Yoma Strategic Holdings Ltd:Reference made to the announcement dated Dec. 4, 2013 on the proposed joint venture to build and operate a steel mesh products manufacturing plant in Yangon.Says BRC Myanmar Company Limited has been incorporated in Myanmar.Says shareholders are LCT Investment Holdings Pte Ltd holding 60 pct, Yoma Strategic Investments Ltd, a 100 pct subsidiary of the Company holding 20 pct and First Myanmar Investment Co., Ltd holding 20 pct.Principal activity is to build and operate a BRC Mesh products manufacturing plant.  Full Article

Yoma Strategic Holdings Ltd forms joint venture agreement with Mitsubishi Corporation And First Myanmar Investment
Tuesday, 22 Apr 2014 06:28am EDT 

Yoma Strategic Holdings Ltd:Enters into joint venture agreement with Mitsubishi Corporation (MC) and First Myanmar Investment Co., Ltd (FMI) for the purposes of establishing joint-venture company.To provide, technical services and solutions, installation, testing and commissioning and import and supply of elevators, escalators and related products in the Republic of the Union of Myanmar.Established the joint venture company, MC Elevator (Myanmar) Ltd.Yoma Strategic subscribed for 20 pct of the issued share capital of MC Elevator for an initial cash consideration of $5,000.MC will hold 60 pct and FMI will hold 20 pct of issued share capital of MC Elevator.  Full Article

Mitsubishi, Jalux and Yoma to operate Myanmar's second-largest airport

YANGON, Nov 18 - Japan's Mitsubishi Corp and Jalux Inc will partner with Myanmar's Yoma Strategic Holdings Ltd to operate Myanmar's second-largest airport and expand it into a regional hub, an official from Department of Civil Aviation (DCA) said on Tuesday.

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