SINGAPORE (July 1): The high drama and sudden moves of Singapore’s 2020 general elections may have enthralled the general public, but investors are unlikely to be moved by the republic’s unusual election. All eyes are instead turned to the US presidential elections in November, which analysts ex...

SINGAPORE (June 26): 1. Yoma Strategic has evolved over the last five years and is focused on four key businesses. What can shareholders expect in the next three to five years? We have accelerated the buildout of non-real estate businesses, particularly our non-bank financial services and consumer ...

SINGAPORE (June 25): Analysts are in favour of Yoma Strategic Holdings raising its effective stake in Digital Money Myanmar Limited (Wave Money). The company announced on Wednesday that it will be acquiring Telenor Group’s 51% stake in Wave Money for US$76.5 million (S$106.4 million), and will rai...

SHARES in mainboard-listed Yoma Strategic jumped on Thursday afternoon, after the company on Wednesday said it is <a href="https://www.businesstimes.com.sg/companies-markets/yoma-eyes-controlling... target="_blank">eyeing a controlling stake in mobile payments firm Digi...

YOMA Strategic on Wednesday proposed to increase its existing shareholding and take a controlling interest in mobile payments firm Digital Money Myanmar (Wave Money) via a US$76.5 million deal.

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 Digital Money Myanmar Limited (Wave Money). Wave Money is Myanmar’s first and leading mobile financi...

SINGAPORE (June 23): Phillip Capital 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% upside for the stock. The call comes as the Myanmar conglomerate has its feet firmly placed in the cou...

ALIBABA Group's affiliate Ant Financial is tying up with mainboard-listed Yoma Strategic Holdings as its latest foray into the South-east Asia digital payments space takes it to Myanmar.

ALIPAY operator Ant Financial Services Group will invest S$73.5 million in Digital Money Myanmar (Wave Money) - a mobile payments joint venture (JV) between Telenor Group and the Yoma group - as part of a strategic partnership to promote financial inclusion in Myanmar.

MYANMAR-FOCUSED investment holding company Yoma Strategic Holdings has sunk into the red with a net loss of US$15.9 million for the six months ended March 31, 2020, compared with a net profit of US$20.6 million a year ago.