Myanmar-focused Yoma raises $82 million from placement

The Singapore-listed company is raising cash that may be used to fund the development of a site in central Yangon that it has agreed to acquire from its chairman.
<div style="text-align: left;"> Barack Obama arrives in Myanmar </div>
<div style="text-align: left;"> Barack Obama arrives in Myanmar </div>
November 20, 2012

Yoma Strategic Holdings, a Singapore-listed company focusing on real estate, agriculture and car sales in Myanmar and China, has raised S$101.2 million ($82 million) from a placement of new shares.

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media