Yoma Strategic Holdings has, on Dec 15, entered into a joint venture agreement with First Myanmar Investment Public Company Limited and Jebsen & Jessen Property Holdings through its wholly-owned subsidiary Yoma Development Group.

First Myanmar Investment is a public company that conducts financial services, healthcare services, real estate development and services, and investment holding. The company is incorporated in Myanmar and listed on the Yangon Stock Exchange.

Jebsen & Jessen Property Holdings is part of the Jebsen & Jessen Group, an Asean-focused industrial conglomerate engaged in cable technology, ingredients, life sciences, packaging and technology.

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