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Yoma 1-for-3 rights issue to fund more acquisitions

Increase of land bank among moves to boost diverse Myanmar portfolio

Published Wed, Sep 3, 2014 · 10:00 PM
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YOMA Strategic Holdings, which has a diverse Myanmar portfolio, has announced additional acquisitions which it will fund through a proposed one-for-three rights issue of up to 430.7 million shares at S$0.38 per unit.

The issue price of S$0.38 represents a discount of 46.5 per cent to Tuesday's closing pri…

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Myanmar

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