Yoma shares up on Myanmar airport deal
Singapore
YOMA Strategic Holdings (Yoma) gained 2.5 cents to close at S$0.695 on Thursday after saying a subsidiary and its Japanese partners have signed a concession agreement with Myanmar's Department of Civil Aviation (DCA) to operate Mandalay International Airport for 30 years.
Yoma holds a stake of 9 per cent through wholly owned Yoma Development Group. The stake "increased from 5 per cent to 9 per cent upon further discussions between the p…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Sanofi Q1 profit slips on generic competition, forex effects
Toyota hits record annual output, sales on robust demand
Latest Singapore 6-month T-bill offering cut-off yield of 3.74% as applications dip
Suntec Reit Q1 DPU down 13% to S$0.01511 in absence of capital distribution
Nissan, Mazda roll out new models for China as they aim for comeback
South Korea readies new system to detect illegal short-selling