MEMORIES Group and offeror Memories (2022) are seeking to take the Catalist-listed tourism company private for either S$0.047 per share in cash or shares in Memories (2022) at the same price per new offer share.

Memories (2022), an associate of Serge Pun @ Theim Wai, has proposed to seek the voluntary delisting of Memories Group from the Catalist board of the SGX-ST.Under the delisting proposal, SAC Capital, on behalf of Memories (2022), will make an exit offer to its shareholders.According to the bourse fi...

THE following companies saw new developments that may affect trading of their securities on Tuesday (Sep 13):

Yoma Strategic has reported a net loss of US$21.6 million ($28.8 million) for the 1HFY2021 ended March, 21.7% more than the net loss of US$17.8 million in the 1HFY2020. The lower figures were due to the impact of Covid-19 and the “uncertain operating environment” in Myanmar due to the coup that ...

Yoma Strategic Holdings says most of its businesses have resumed operations, following a coup in Myanmar on Feb 1. However, the company warns of a potential “change in business sentiment”. The company, based in Myanmar but listed on the Singapore Exchange, says that cities in Myanmar remained ca...

YOMA Strategic and the spin-off of its tourism business arm, Memories Group, have each issued business updates after calling for trading halts on Monday morning.

CATALIST-LISTED tourism operator Memories Group faces material uncertainty over whether it can continue as a going concern amid the Covid-19 pandemic.

PhillipCapital analyst Tan Jie Hui has maintained her “buy” call on Yoma Strategic Holdings and target price of 46 cents after the group’s 2HFY2020 and FY2020 topline met expectations at 98% and 100% of her forecasts respectively. Despite the impact of the Covid-19 pandemic, 2HFY2020 revenue s...