Yoma Strategic - TopicsExpress

Yoma Strategic Holdings ----------------------------------- Mainboard (SGX _ sgx/) listed, Myanmar conglomerate, Yoma Strategic Holdings, will be boosting both its real estate and automotive portfolio in Myanmar by acquiring more economic interests of LDRs in its signature property development, Pun Hlaing Golf Estate, and adding New Holland tractors and farm equipment. . Its latest development in Myanmar includes: . • Proposed increase in land bank at the Group’s flagship Pun Hlaing Golf Estate and purchase of operating rights in the Golf and Country Club at PHGE • Automotive division to be expanded with the proposed acquisition of the established New Holland tractors and farm equipment business • Commencement of the redevelopment of former Burma Railway Headquarters into Yangon’s leading luxury hotel • Acquisitions to be funded via a proposed 1 for 3 Rights Issue at S$0.38 per share

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