Yoma Strategic: a bet on Myanmar
Singapore-listed business corporation has been busy entrenching itself in the core facets of the country's economy.
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Angela Tan
AFTER years of isolation, Myanmar under civilian leader Aung San Suu Kyi's government has been pushing to accelerate reforms and Singapore-listed Yoma Strategic Holdings has been busy entrenching itself in the core facets of the economy, standing out as a partner of choice for foreigners seeking a foothold in the frontier market with more than 50 million people.
The group, led by former Goldman banker Melvyn Pun, the son of Yoma's chair Serge Pun, is a leading business corporation focused on four segments of the economy - real estate, automotive and heavy equipment, food and beverage (F&B) as well as non-bank financial services.
"We believe these are the key growth areas in the country where we have expertise, and we plan to dedicate our investments in these key areas," the younger Pun told The Business Times recently.
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