Yoma Strategic
Yoma Strategic’s H1 net loss narrows to US$5.7 million
Revenue is up 19.3% year on year at US$113.6 million, from US$95.2 million
Yoma Strategic’s H2 profit falls 12.4% to US$18.3 million
Revenue has been impacted by the depreciation of the kyat against the US dollar, the Myanmar conglomerate says
Singapore companies in Myanmar, Thailand largely unaffected by earthquake
Short-term disruptions expected for some businesses due to impact on critical infrastructure
Yoma’s H1 net loss deepens to US$11 million on forex headwinds
Revenue falls 14.7 per cent on the year to US$95.2 million
Hot stock: Yoma falls 17% after denying criminal proceeds from online scam centres used to fund real estate project
It says the project has not required or received external funding in recent years
Yoma says new directors have ‘sufficient time and bandwidth’ to fulfil responsibilities
Alberto Macapinlac de Larrazabal and Cyrus Pun have made major contributions at board meetings, the company says
Hot stock: Yoma Strategic falls 8.8% after reply to SGX queries on chairman in Myanmar custody
SGX had asked if Serge Pun’s presence in the capital and his meetings with the authorities had any impact on Yoma’s financials, operations and businesses
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
Hot stock: Yoma rises over 9% on trading volume surge
The counter was actively transacted this week, ending Thursday at a significant volume of 161.1 million
Yoma Strategic to acquire remaining interest in subsidiary for S$18.5 million
It currently owns 80 per cent interest in Yoma Fleet
