Yoma announces management changes

Myanmar property play Yoma Strategic Holdings announced some changes to key management.

Group general manager Jeremy Noel Westmore, 53, has resigned to pursue personal interests. He oversaw some areas of the group's non-property businesses, including agriculture.

Co-head of real estate Elmar Heinrich Antonius Busch, 71, resigned to pursue personal interests.

Meanwhile, head of financial management Thiri Thant Mon is now head of corporate development, overseeing business planning and helping with capital allocation.

Yoma closed trading at S$0.435, down 1.5 cents or 3.3 per cent before the announcements.