Myanmar Coup 2021

Myanmar’s military junta formally charged detained civilian leader Aung San Suu Kyi and other officials with corruption on Thursday, according to the country’s ministry of information.

The current circumstances in Myanmar will materially impact Tat Hong Intraco’s operations in the near-term, announced Intraco, the investment management company.

Environmental engineering firm Sanli Environmental has had its Myanmar operations disrupted due the country's ongoing political situation.

PhillipCapital analyst Tan Jie Hui has downgraded her recommendation on Yoma Strategic to “neutral” from “buy”, with a lower target price of 15.6 cents from 34 cents.

As part of its “regular surveillance” of the banking system, Singapore’s central bank has not found “significant” funds belonging to Myanmar companies and individuals stashed in banks here.

Boston-based investment management firm Eaton Vance has ceased to become a substantial shareholder at Yoma Strategic Holdings.

Fund manager Standard Life Aberdeen plc, already a substantial shareholder of Yoma Strategic Holdings, has added to its stake with purchases from the open market.

Sembcorp Industries says its power plant in Myanmar remains in operation, and its employees are safe, following the coup on Feb 1.

All eyes have been on real estate operator Yoma Strategic since Myanmar – where it is headquartered – was declared a state of emergency on Feb 1.

Emerging Towns & Cities says the one-year state of emergency declared by Myanmar’s military leaves it unable to ascertain the impact on its operations in the country.