YOMA Strategic’s subsidiary will now acquire Telenor’s 51 per cent stake in Digital Money Myanmar (Wave Money) for US$40 million instead of the US$53 million announced earlier this year.

Yoma Strategic, on Nov 21, announced that it will be acquiring Telenor Group’s 51% share of Digital Money Myanmar Limited (Wave Money) for US$40 million ($55.0 million), down from the previous consideration of US$53 million.The amendment agreement was entered into on Nov 18.The new consideration w...

Myanmar-based conglomerate Yoma Strategic has reported a loss of US$11.3 million for its 2HFY2022 ended Sept 30, from earnings of US$5.96 million recorded in the year earlier. Revenue in the same period was down 5.68% y-o-y to US$40.9 million.For the full year, losses nearly doubled to US$29.3 milli...

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...

SHARES of Yoma Strategic Holdings saw heavy trading on Wednesday (May 11) morning, ahead of the May 12 release of its interim financial results for the first half of 2022.

SHARES of Yoma Strategic hit a 1-year high on Wednesday (Apr 6), prompting a query from the Singapore Exchange (SGX) over "unusual movements" in the Myanmarfocused company's shares.

The Singapore Exchange Regulation (SGX RegCo) has issued a query to Yoma Strategic Holdings after the company saw its shares spike 10.78% to 18.5 cents from its last-closed share price of 16.7 cents.Yoma Strategic was also the second-most traded counter on the SGX-ST as at 3.54pm, with 58.5 million ...

SHARES of Yoma Strategic hit a 1-year high on Wednesday (Apr 6), prompting a query from the Singapore Exchange (SGX) over "unusual movements" in the Myanmar-focused company's shares.

MAINBOARD-LISTED Yoma Strategic Holdings, in a business update on Monday (Feb 14), reported group revenue of US$24.4 million for the first quarter ended Dec 31, 2021, down 17.7 per cent from its US$20.8 million in Q1 FY2020.

MAINBOARD-LISTED Yoma Strategic Holdings, in a business update on Monday (Feb 14), reported group revenue of US$24.8 million for the Q1 ended Dec 31, 2021, down 17.7 per cent from its US$20.4 million in Q1 FY2020.

THE following companies saw new developments that may affect trading of their securities on Monday (Feb 14):

YOMA Strategic said its subsidiary Yoma MFS Holdings (YMFS) has entered into a new share purchase agreement with Telenor group to acquire a controlling interest in Digital Money Myanmar (Wave Money) via a US$53 million deal.

YOMA Strategic is deepening its investment in Wave Money, a prominent fintech in Myanmar, close to a year since the country's tech scene was throttled by the military coup.

YOMA Strategic is deepening its investment in Wave Money, a prominent fintech in Myanmar, close to a year since the country's tech scene was throttled by the military coup.

YOMA Strategic said its subsidiary Yoma MFS Holdings (YMFS) has entered into a new share purchase agreement with Telenor group to acquire a controlling interest in Digital Money Myanmar (Wave Money) via a US$53 million deal.