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Yoma raises S$82.2m in share placement

Exercise has received strong interest from existing and new investors and is "well oversubscribed", says firm

Singapore

YOMA Strategic Holdings, which brought the first KFC outlet to Myanmar, said on Sunday it has raised about S$82.2 million through a placement.

Under the placement exercise, the company will be issuing 155 million new ordinary shares at S$0.53 per placement share, which

sentifi.com

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