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Yoma faces new landscape on its path of diversification

Tuesday, February 4, 2014 - 06:00

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Staying alert: As Yoma's diversification becomes more substantial, the real estate company and its shareholders will have to watch out for the pitfalls of conglomerates. - PHOTO: REUTERS

ANDREW Rickards, the chief executive of Yoma Strategic Holdings, is fond of telling people that he wants to turn the real estate company into the Jardine Matheson of Myanmar. His choice of Jardine Matheson, the storied conglomerate of the Orient, is well thought out, because history is littered

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