Yoma Strategic Holdings Ltd. (the “Company”, together with its subsidiaries, the “Group”) announced today it has agreed with the vendor, Serge Pun & Associates (Myanmar) Limited (“SPA”), to proceed with the Landmark Development by initially acquiring the existing leases on the two sites that make up the 10-acre site in downtown Yangon.
Listed on the Main Board of the Singapore Securities Exchange Trading Limited (SGX-ST), Yoma Strategic Holdings Ltd. is a leading business corporation with real estate, agriculture and automobile dealership businesses in Myanmar and the People’s Republic of China.
Together with its partner, the SPA Group, the Group is taking a conglomerate approach to build a diversified portfolio of businesses in Myanmar.
Digicel Group Limited (“Digicel”) and Yoma Strategic Holdings Ltd. (“Yoma Strategic”) today announced their new shareholdings in Digicel Asian Holdings Pte Limited (“Digicel Asian Holdings”) which will be held 75% by Digicel and 25% by YSH Finance Limited. YSH Finance Limited is 80% owned by Yoma Strategic and 20% by First Myanmar Investment Co., Ltd (FMI), an affiliate of Yoma Strategic.
ma Strategic Holdings Ltd. (“祐玛战略控股有限公司”, “Yoma Strategic” or collectively with its subsidiaries, the “Group”) today announced that, for the first time since its listing in 2006, revenue for the full year ended 31 March 2014 (“FY2014”) exceeded S$100 million with a strong 66.2% year-on-year growth, resulting in a record net profit of S$23.9 million for the year.
Hosted over 60 shareholders in Yangon on a visit to see YomaStrategic’s real estate developments.
Yoma Strategic Holdings Ltd. (the “Company”, together with its subsidiaries, the “Group”) plans to develop premium educational facilities in the Thanlyin Township in areas adjacent to the Group’s Star City development area1. The Group is in discussion with an international education group to operate an international school and a local education group to operate a private local school in that area.
Yoma Strategic Holdings Ltd. (the “Company”, together with its subsidiaries, the “Group”) has made several key moves in Myanmar's agriculture and logistics sectors. These strategic developments are in line with the long-term vision and planning of the Company as it leverages on its solid foundation to develop sectors of Myanmar's economy with strong potential for future growth.
Yoma Strategic Holdings Ltd. (the “Company”, together with its subsidiaries, the “Group”) has formalised plans to develop premium educational facilities within its Pun Hlaing Golf Estate (“PHGE”) residential development in Hlaing Tharyar Township, Yangon. As a first step in establishing the first British curriculum school in the vicinity, the Group has entered into a Memorandum of Understanding with Harrow International Management Services (“HIMS”) to manage an Early Years Centre on a four (4) acre-site in PHGE1.
Yoma Strategic Holdings (祐玛战略控股有限公司), the Singapore listed conglomerate with operations in Myanmar, has made its first foray into Myanmar's fast-moving consumer goods (FMCG) sector by entering into a definitive Business Sale Agreement (BSA) with the Asia Beverages Co., Ltd. group of companies (the “ABC Group”) which is subject to certain conditions.
Yoma Strategic Holdings (祐玛战略控股有限公司), the Singapore-listed conglomerate with operations in Myanmar has entered into a proposed joint venture with Sumitomo Corporation, a leading general trading house in Japani, to distribute and service Hino brand trucks and buses in Myanmar.
Digicel Group and YSH Finance Ltd (comprising Yoma Strategic Holdings Ltd (“Yoma Strategic”) and First Myanmar Investment Co., Ltd (“FMI”)) today announced that their reorganized consortium, Digicel Asian Holdings, has signed an agreement with Ooredoo Myanmar to develop, construct and lease telecommunications towers in the Republic of the Union of Myanmar as part of Ooredoo's commitment to deploy a world-class telecommunications network across the country.