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Yoma Strategic
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YOMA
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Atom99
Master |
04-Jan-2016 08:28
Yells: "Once you hv eliminated the impossible,whatever remains TRUTH" |
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Yangon?s Iconic Landmark Project Gets Lease Extension
Singapore, 4 January 2016 ? Yoma Strategic Holdings Ltd. (?Yoma Strategic? or the ?Company? together with its subsidiaries, the ?Group?) is pleased to announce that a framework agreement has been signed with the Ministry of Rail Transport (?MR?) of Myanmar in relation to the Landmark Development project (the ?Landmark Project?). Located at the heart of the downtown Yangon business district, the Group?s iconic Landmark Project will host the former headquarters of the Myanmar Railway Company built in 1877 which will be restored into the Yangon Peninsula Hotel (the ?Proposed Hotel Development?), and complemented by luxury residences, hotel and commercial developments (the ?Proposed Mixed-Use Development?). The Landmark Project sits on two sites - 9.5 acres (?Site 1?) and 0.5 acres (?Site 2?) and the framework agreement sets out terms agreed with the MR which includes: (i) Site 1: The extension of the master lease for an initial period of 50 years commencing on 1st January 1998 in accordance with the Myanmar Foreign Investment Law1. (ii) Site 2: The extension of the master lease for an initial period of 50 years commencing on 1st January 1998 in accordance with the Myanmar Foreign Investment Law1 upon the approval of the Myanmar Investment Commission (?MIC?). (iii) The combination of the leases for Site 1 and Site 2 into one master lease which will then be split into two separate master lease agreements: one for the Proposed Hotel Development and the other for the Proposed Mixed-Use Development subject to the approval of the MIC. Parties have agreed to finalise both master lease agreements within three months from the date of the framework agreement...
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Atom99
Master |
01-Jan-2016 00:17
Yells: "Once you hv eliminated the impossible,whatever remains TRUTH" |
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  Hongkong and Shanghai Hotels : Extension of Long Stop Date - Proposed Hotel Development in Yangon, Myanmar 12/31/2015 | 12:30am US/Eastern Announcement Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. THE HONGKONG AND SHANGHAI HOTELS, LIMITED (Incorporated in Hong Kong with limited liability)&zwnj (Stock Code: 00045) Extension of Long Stop Date Proposed Hotel Development in Yangon, Myanmar This announcement is made pursuant to Rule 13.09(2)(a) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the " Listing Rules" ) and Part XIVA of the Securities and Futures Ordinance (Cap. 571, Laws of Hong Kong). Reference is made to the announcements made by The Hongkong and Shanghai Hotels, Limited (the " Company" ) on 28 January 2014 and 31 March 2015 in respect of the Proposed Hotel Development (the " Announcements" ). Unless otherwise defined, all terms used herein shall be as defined in the Announcements. The Board of Directors of the Company is pleased to inform shareholders that a framework agreement has been executed between, amongst others, the Ministry of Rail Transportation and Meeyahta International Hotel Limited, a subsidiary of Yoma Strategic Investments Ltd. (" Yoma" ), on 31 December 2015 pursuant to which the master lease for the larger mixed-use development known as the " Landmark Development" as announced by Yoma Strategic Holdings Ltd. (" YSH" ) has been extended in accordance with the Myanmar Foreign Investment Law. The redevelopment of the former headquarters of the Myanmar Railway Company into a Peninsula hotel is conditional on such master lease being extended. As more time is required for the fulfilment of all conditions precedent under the Shareholders' Agreement, including the JVCo being granted the requisite government approvals for the Proposed Hotel Development, the parties to the Shareholders' Agreement including, amongst others, the Company, Peninsula International Investment Holdings Limited, a wholly-owned subsidiary of the Company, YSH, Yoma and First Myanmar Investment Co., Ltd. have agreed to extend the long stop date for satisfying all conditions precedent from 31 December 2015 for a period of six months to 30 June 2016. The parties will continue to work together to satisfy the prescribed conditions precedent in the Shareholders' Agreement.  
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sunview
Veteran |
30-Dec-2015 20:47
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Technically disappointing. No show after the breakout. Back to $0.465. Another false break ? |
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Richie81
Member |
30-Dec-2015 16:05
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Window Dressing day tomo. Stock up and hold yoma for long term. More than enough good news and stories to rope in investor confidence. After Vietnam boost in 2015, 2016 will be focused on Myanmar! |
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Ray12888
Veteran |
29-Dec-2015 19:29
Yells: "MoneyInTheChart com / blog" |
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These few days very bullish.  Maybe good news or buyers coming in. In my buying list now.   |
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sunview
Veteran |
29-Dec-2015 17:22
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Closed 2.5 cents up at $0.475 on higher volume (10.89m vs 2.299m shares the day before)
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sunview
Veteran |
29-Dec-2015 11:56
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Looks like trying to break out of $0.465. But will it turn out to be a bull trap like many others ?  Dun ask me. |
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Atom99
Master |
24-Dec-2015 01:24
Yells: "Once you hv eliminated the impossible,whatever remains TRUTH" |
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Yoma Strategic and Kokubu open a US$5 million multi-temperature 3PL storage facility in Yangon
Singapore, 23 December 2015 ? Yoma Strategic Holdings Ltd. (?Yoma Strategic?, together with its subsidiaries, the ?Group?) and with Kokubu Corp. (?Kokubu?) are pleased to announce that their 50-50 joint venture company, KOSPA Limited (?KOSPA?), has officially opened a new build US$5 million multi- temperature storage facility in Yangon (?KOSPA Multi-Temperature Storage facility?). KOSPA intends to build end-to-end cold chain logistics facilities throughout Myanmar and the opening of its new facility in Yangon is the first step towards establishing this network. The 4,500 square meters facility includes fully racked storage chambers with independently managed and controlled storage temperature conditions. The storage chambers cater for temperatures ranging from ambient to frozen (minus 18 degrees Celsius). The well-equipped facilities and processes conform to international benchmarks and will also be ISO and HACCP compliant. The modern warehouse management system will allow advanced inventory management solutions to be offered to clients. The facility is designed to serve both larger scale and smaller scale clients as truck docking facilities are adjustable to allow for maximum flexibility. The storage facility is conveniently located on Highway 3 at the Yangon exit of the Naypitdaw ? Mandalay highway in the Mingaladon Township. (Please see the annex for pictures of KOSPA Multi-Temperature Storage facility.) KOSPA has been operating since October 2014 with a fleet of multi-temperature controlled trucks serving a range of customers from the FMCG, agricultural, pharmaceutical and hotel industries. The new build multi- temperature storage facility, together with the multi-temperature capability in the vehicle fleet, will allow KOSPA to offer in-bound and out-bound third-party logistics (?3PL?) solutions in Myanmar. Mr. Melvyn Pun, CEO of Yoma Strategic commented, ?The opening of the KOSPA Multi-Temperature Storage facility, together with our partner Kokubu Corp., demonstrates our long-term commitment to provide an integrated cold-chain logistics solution to our customers. By leveraging the significant expertise from our partner, we are confident KOSPA will address and fill an important gap in the market to transport, store and distribute temperature sensitive products efficiently and to the highest international standards.?
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TeoMark
Veteran |
16-Dec-2015 09:09
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Thanks for the info!! |
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Atom99
Master |
16-Dec-2015 08:24
Yells: "Once you hv eliminated the impossible,whatever remains TRUTH" |
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Yoma Strategic in JV to distribute Mitsubishi Automobiles in Myanmar
Singapore, 16 December 2015 ? Yoma Strategic Holdings Ltd. (?Yoma Strategic?, together with its subsidiaries, the ?Group?) is pleased to announce that its wholly-owned subsidiary, Yoma Nominee Limited has established a new 50- 50 joint venture company, MM Cars Myanmar Limited (?MMCM?) with Mitsubishi Corporation. MMCM will serve as the official distributor of automobiles manufactured by Mitsubishi Motors Corporation and is responsible for the distribution (wholesale), retail sales, after-sales services, and maintenance services of motor vehicles and spare parts manufactured by Mitsubishi Motors Corporation. Until the establishment of MMCM, Yoma Strategic has been operating the two Mitsubishi Motors After-Sales Service Centres that were set up in Yangon in May 2013, and in Mandalay in December 2013. With its establishment, MMCM will operate the aforesaid After-Sales Service Centres and the first Mitsubishi Motors showroom in Yangon, which held its opening ceremony last evening. The showroom, which has a display area for five cars, also has a state-of-the art workshop fitted with the latest diagnostics technology which includes a dedicated tyre repair bay and a spare part store. Please see the annex for pictures of the Mitsubishi Motors showroom. On this latest collaboration with Mitsubishi Corporation, Mr Melvyn Pun, CEO of Yoma Strategic commented, ?The joint venture with Mitsubishi Corporation formalizes our collaboration in developing the Mitsubishi Motor business in Myanmar over the past year. We are excited that our new showroom, alongside with our service centres, will deliver a higher standard of service to our customers. Our Automotive segment is experiencing strong growth, and we are confident that the Mitsubishi Motors business will contribute meaningfully in the medium term.? Since the Myanmar government announced a relaxation of vehicle import regulations in 2011 as a part of its ?democratisation" policy, the number of used vehicles from Japan has seen a notable increase, making Myanmar the number one destination for used vehicles from Japan in 2014. Import regulations for new vehicles have also been gradually eased since 2012 with the Myanmar government announcing the approval of new vehicle imports and sales by joint ventures established between Myanmar and foreign companies. These developments are expected to generate further growth in the Myanmar vehicle market. Yoma Strategic has several partnerships with Mitsubishi Corporation, including an elevator related business, a tyre business and the operation of the Mandalay International Airport.
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Atom99
Master |
15-Dec-2015 18:13
Yells: "Once you hv eliminated the impossible,whatever remains TRUTH" |
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YOMA Nominee Limited(YNL) is 100% owned by YOMA STRATEGIC.
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TeoMark
Veteran |
15-Dec-2015 17:38
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How Yoma Strategic benefits form this new JV? |
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Atom99
Master |
15-Dec-2015 16:04
Yells: "Once you hv eliminated the impossible,whatever remains TRUTH" |
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TOKYO, Dec 15, 2015 - (JCN Newswire) - Mitsubishi Corporation (MC) is pleased to announce the establishment of a new joint venture company, MM Cars Myanmar Limited (MMCM), with Yoma Nominee Limited (YNL), for the distribution (wholesale), retail sales, after-sales services, and maintenance services of motor vehicles and spare parts manufactured by Mitsubishi Motors Corporation. YNL is a part of Serge Pun & Associates (Myanmar) Limited enlarged group of companies (SPA Group). MMCM will start operations once the necessary licenses for doing business in Myanmar have been approved.
MC and YNL will each hold 50 per cent shares in MMCM, and it will serve as the official distributor of automobiles manufactured by Mitsubishi Motors Corporation. The joint venture will also provide sales and after-sales services, including the establishment of a showroom and spare parts warehouse in Yangon. Since the Myanmar government announced a relaxation of vehicle import regulations in 2011 as a part of their democratization policy, the number of used vehicles from Japan has seen a notable increase, making Myanmar the number one destination for used vehicles from Japan in 2014. Import regulations for new vehicles have also been gradually eased since 2012 and in 2015 the Myanmar government announced the approval of new vehicle imports and sales by joint ventures established between foreign companies and Myanmar local companies. These developments are expected to generate further growth in the Myanmar vehicle market. Until the establishment of MMCM, SPA Group companies had been providing after-sales services to MMC's existing customers through service shops set up in Yangon in May 2013, and in Mandalay in December 2013. With the establishment of MMCM, MC aims to further increase new motor vehicle sales and improve customer satisfaction through the enhancement of after-sales services in Myanmar. MC has strategically positioned Myanmar as one of its key targets among emerging markets and is jointly exploring business opportunities in Myanmar together with Yoma Strategic, including an elevator-related business, a tyre business, and the operation of Mandalay International Airport. Drawing on the experiences and know-how cultivated in the ASEAN region, MC is seeking to contribute to the further development of the automotive industry in Myanmar, particularly in the vehicle distribution business.
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Demostation
Supreme |
12-Nov-2015 12:02
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Yoma is showing real strategies... its price is holding very steady althogh below the 50s after clearing that.
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Atom99
Master |
12-Nov-2015 11:44
Yells: "Once you hv eliminated the impossible,whatever remains TRUTH" |
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It augur well for YOMA businesses if the transition to NLD is  carry out  smoothly without trouble.Foreign investment would pours into Myanmar. http://www.mmtimes.com/index.php/business/17572-hope-of-stability-for-local-business-as-nld-takes-lead.html
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appleronaldo
Veteran |
09-Sep-2015 14:50
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breakout?/ |
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Atom99
Master |
30-Aug-2015 08:45
Yells: "Once you hv eliminated the impossible,whatever remains TRUTH" |
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The Capital Group Companies purchased 3 millions shares. Name of Listed Issuer: Yoma Strategic Holdings Ltd. Date of notification to Listed Issuer: 2015-08-28 Type of securities which are the subject of the transaction:  ✔ Voting shares/units Number of shares, units, rights, options, warrants and/or principal amount of convertible debentures acquired or disposed of by Substantial Shareholders/Unitholders: 3,000,000 shares Amount of consideration paid or received by Substantial Shareholders/Unitholders (excluding brokerage and stamp duties): SGD 0.3750 per share Circumstance giving rise to the interest or change in interest: ✔ Acquisition of Securities via market transaction Substantial Shareholder/Unitholder A Name of Substantial Shareholder/Unitholder: The Capital Group Companies, Inc. (" CGC" ) Date of acquisition of or change in interest: 2015-08-28 Date on which Substantial Shareholder/Unitholder became aware of the acquisition of, or change in, interest: 2015-08-28 Explanation (if the date of becoming aware is different from the date of acquisition of, or change in, interest): Quantum of total voting shares/units (including voting shares/units underlying rights/options/warrants/convertible debentures {conversion price known}) held by Substantial Shareholder/Unitholder before and after the transaction:   Immediately before the transaction Direct Interest Deemed Interest Total No. of ordinary voting shares/units held and/or underlying the rights/options/warrants/convertible debentures: 0 137,303,903 137,303,903 As a percentage of total no. of ordinary voting shares/units: 0 7.9146 7.9146 Immediately after the transaction Direct Interest Deemed Interest Total No. of ordinary voting shares/units held and/or underlying the rights/options/warrants/convertible debentures: 0 140,303,903 140,303,903   As a percentage of total no. of voting shares/units: 0 8.0875 8.0875  
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francisd
Master |
19-Aug-2015 08:36
Yells: "BUY LOW SELL HIGH" |
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YES..
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Bigdaddy
Veteran |
19-Aug-2015 08:26
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May I ask, Yoma previously issued rights.. are these paid rights = new shares already trading in the open market? |
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Atom99
Master |
18-Aug-2015 06:15
Yells: "Once you hv eliminated the impossible,whatever remains TRUTH" |
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Name of Listed Issuer: Yoma Strategic Holdings Ltd.
Name of Director/CEO: Pun Chi Tung Melvyn Date of notification to Listed Issuer: 2015-08-17 Date of acquisition of or change in interest: 2015-08-17 Date on which Director/CEO became aware of the acquisition of, or change in, interest: 2015-08-17 Explanation (if the date of becoming aware is different from the date of acquisition of, or change in, interest): Type of securities which are the subject of the transaction: ✔ Ordinary voting shares/units of Listed Issuer Number of shares, units, rights, options, warrants, participatory interests and/or principal amount/value of debentures of contracts acquired or disposed of by Director/CEO: 1,000,000 Amount of consideration paid or received by Director/CEO (excluding brokerage and stamp duties): $0.367 per share Circumstance giving rise to the interest or change in interest: ✔ Acquisition of Securities via market transaction Quantum of interests in securities held by Director/CEO before and after the transaction.: Table 1. Change in respect of ordinary voting shares/units of Listed Issuer Immediately before the transaction Direct Interest Deemed Interest Total No. of ordinary voting shares/units held: 2,000,000 As a percentage of total no. of ordinary voting shares/units: 0.12 Immediately after the transaction Direct Interest Deemed Interest Total No. of ordinary voting shares/units held: 3,000,000 As a percentage of total no. of ordinary voting shares/units: 0.17
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