The Business Times
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Yoma spins off its Myanmar tourism businesses in RTO

Catalist-listed SHC Capital Asia will have dedicated management team and will invest further in Myanmar

Published Mon, Oct 24, 2016 · 09:50 PM

Singapore

YOMA Strategic Holdings is spinning off its tourism-related business as part of a reverse takeover of Catalist-listed SHC Capital Asia.

This move is slated to create the first Singapore-listed Myanmar-focused tourism company that will acquire, develop and operate tourism-related assets in Myanmar.

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