Yoma Strategic Holdings (Yoma)

Company in the news

Yoma's grand strategy

SINGAPORE (July 9): When Serge Pun went back to Myanmar about three decades ago to build his own business after some years working in Hong Kong, China and Thailand, his ambitions were modest.

Broker's Calls

939 Brokers' Digest

UG Healthcare Corp
Price target:

CGS-CIMB “Add” $1.36

Strong demand and price hike on surge in Covid-19 related demand

Broker's Calls

Acquisition of Wave Money a positive for Yoma Strategic Holdings, say analysts

SINGAPORE (June 25): Analysts are in favour of Yoma Strategic Holdings raising its effective stake in Digital Money Myanmar Limited (Wave Money).

M&A

Yoma Strategic to become largest controlling shareholder in Myanmar's Wave Money for total of $141.5 mil

SINGAPORE (June 24): Yoma Strategic announced on Wednesday that it was establishing a new company, Yoma MFS Holdings (Wave Holdco), to increase its existing stake and take a controlling interest in

Broker's Calls

PhillipCapital initiates coverage on Yoma with 'buy' on 'stellar growth' in financial services

SINGAPORE (June 23): PhillipCapital has initiated coverage on mainboard-listed investment company Yoma Strategic Holdings with a “buy” call and a target price of 46 cents, representing a 87.8% upsi

Company in the news

Asian investors are smarter, says Yoma's Pun

SINGAPORE (Nov 16): Serge Pun, executive chairman of Yoma Strategic Holdings, bats aside suggestions that he is accepting investment from Ayala only because Western enthusiasm for Myanmar’s growth

Investing ideas

Yoma Strategic poised to soar as Ayala partnership unlocks opportunities for growth, says DBS

SINGAPORE (Nov 15): DBS Group Research is keeping a keen eye on Yoma Strategic Holdings, following news that Philippine conglomerate Ayala Corporation in injecting some US$155 million ($211 million

M&A

Yoma Strategic sinks to 2Q loss of $60 mil; announces deal to sell 20% stake to Ayala Corp

SINGAPORE (Nov 14): Yoma Strategic Holdings sank into the red with a net loss of US$44.2 million ($60.2 million) for 2Q20 ended September, compared to earnings of US$18.8 million a year ago.

M&A

Ayala Corp said to eye $324 mil investment for 20% stake in Pun's Yoma Strategic and First Myanmar Investment, FT reports

SINGAPORE (Nov 13): Ayala Corporation, one of the oldest and largest conglomerates in the Philippines, is set to invest US$238 million ($324 million) to buy a 20% each in Singapore-listed Yoma Stra

Joint ventures and alliances

Yoma in joint venture to explore renewable energy possibilities in Myanmar

SINGAPORE (Oct 14): Yoma Strategic Holdings is forming a partnership with Philippines-based AC Energy, Inc. to explore renewable energy projects in Myanmar.

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