Yoma drops 21% amid heavy trading; company denies report that chairman in Myanmar junta custody
This is after the company made clarifications about charges against its executive chairman
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SHARES of Yoma Strategic fell as much as 21.5 per cent on Wednesday (Jul 10) morning, following the group’s clarification that no charges have been filed against its executive chairman Serge Pun.
The counter was down S$0.03 to S$0.113, with 30.9 million shares having changed hands as at 9.22 am. The last time it closed near this level was June.
By 11.08 am, Yoma was the most actively traded counter by volume. Its shares were trading down 14.6 per cent or S$0.021 at S$0.123. No married deals were recorded in early trade, ShareInvestor data showed.
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