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Short-list for Yangon Central Railway Station development.

By Myat Nyein Aye | Tuesday, 16 February 2016

Myanma Railways has shortlisted 15 firms and joint ventures, including a number of well-known local companies, that responded to an EOI to redevelop Yangon Central Railway Station and the surrounding area in downtown Yangon.

This is the railway ministry?s second attempt to tender the project, after an initial tender called in 2014 was cancelled last year, reportedly due to a lack of suitable applications. The project will be developed under build-operate-transfer terms.

Following a second call for expressions of interest in mid-2015, Myanma Railways received a total of 18 EOIs from potential developers from 14 countries, according to an announcement published in state media yesterday.

?On the basis of the information provided, Myanma Railways has shortlisted 15 potential developers who prove themselves capable enough for the development,? it said.

The list (see below) includes well-known local companies such as Yoma Strategic Holdings and FMI Group, owned by U Serge Pun, Capital Diamond Star Group owned by U Ko Ko Gyi, and U Mya Han?s Fortune International Group.

Among the other applicants, High Tech Concrete (Technology) is chaired by U Aik Htun of Shwe Taung Group, and Shwe Gon Development Group is owned by the founders of Red Link Communications. M&A-Iconic is associated with Myint & Associates, owned by U Moe Myint, and Great Genesis Gems is owned by U Thiha Aung of Young Investment Group.

International candidates include China Railway International Group, South Korea?s Lotte Asset Development and Megawide from the Philippines.

Shortlisted developers will now be asked to prepare and submit request for proposal documents, which will be available from March 6 to May 31, according to the notice in state media. Applicants will have to pay a non-refundable fee of US$30,000, payable to international banks with an established correspondence with state-owned Myanma Foreign Trade Bank.

?Myanma Railways gave out the EOI forms freely, and more than 100 companies took the forms, but only 18 companies applied,? said Myanma Railways spokesperson Ko Nay Lin Aung.

He dismissed concerns that the non-refundable fee is relatively high, saying that for a company who believes they can win the tender, the amount ?is not much?.

The tender winner will be expected to take responsibility for all aspects of the project including ?designing, engineering, financing, procurement, construction, operation and maintenance?, according to the EOI notice published last August in state newspapers.

Note: Still a long way to go may not get the project.

DYODD.

http://www.mmtimes.com/index.php/business/19003-short-list-for-yangon-central-railway-station-development.html

Atom99 ( Date: 29-Feb-2016 19:57) Posted:

Yoma Strategic appointed as Volkswagen importer & distributor for Myanmar

Yangon, 29 February 2016 ? Yoma Strategic Holdings Ltd. (?Yoma Strategic?, together with its subsidiaries, the ?Group?) is pleased to announce that its wholly-owned subsidiary, Yoma German Motors Limited, has signed an importer agreement with Volkswagen Aktiengesellschaft (AG) today (the ?Agreement?).
Under the Agreement, Yoma German Motors Limited will serve as the official importer and distributor of a range of passenger cars and SUVs manufactured by Volkswagen AG, within Myanmar. This arrangement expands upon the Group?s existing Volkswagen after-sales, service and Volkswagen genuine spare parts distribution business which commenced following the signing a service partner agreement in October 2013.
?The extension of our business relationship with Yoma Strategic to become the official distributor of Volkswagen underscores our commitment for the Myanmar market. We are proud to become a part of the success story of this country and are happy to be able to offer our products to the people of Myanmar, products that were designed to make your life safer, easier and more comfortable?, said Mr Axel Oberdiek, General Manager of Sales, ASEAN and Hong Kong of Volkswagen Aktiengesellschaft.
?We are extremely pleased to enter into this Agreement with Volkswagen AG?, remarked Mr Melvyn Pun, CEO of Yoma Strategic. ?Volkswagen embodies the virtues of German engineering quality, precision and passion for technology.?
?This appointment will allow us to tap into Myanmar?s fast growing automobile market by offering an enticing and dynamic range of passenger cars and SUVs to local customers, further expanding our presence in the automotive industry in Myanmar,? he added.
Echoing Mr Pun?s sentiments, Mr Michael Rudenmark, Head of Automotive for Yoma Strategic commented, ?We are very pleased to have the opportunity to import and distribute a range of quality, German engineered Volkswagen vehicles within the Myanmar market.
With 2016 GDP growth expected to exceed 8 per cent and a burgeoning middle class, the timing is right to expand upon our existing Volkswagen aftersales business, which has performed extremely well and has managed to provide previously unseen levels of professionalism and service to our customers. We believe that we can emulate our aftersales success at the point of sale, with a range of exciting new models which will be introduced to specifically suit Myanmar?s driving conditions, backed by world class customer service and a 24/7 nation-wide warranty programme.?
Mr Rudenmark concluded, ?To demonstrate our commitment to the Volkswagen brand and to the Myanmar customer, we shall be erecting an international standard Volkswagen 3S facility in Yangon which will deliver an exceptional standard of service to our customers over the long term.?

vivivava ( Date: 28-Jan-2016 09:12) Posted:

glad to hear things are progressing on many fronts. Real estate slow down is the only -ve

Still no dividend policy being put in placed

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Yoma Strategic appointed as Volkswagen importer & distributor for Myanmar

Yangon, 29 February 2016 ? Yoma Strategic Holdings Ltd. (?Yoma Strategic?, together with its subsidiaries, the ?Group?) is pleased to announce that its wholly-owned subsidiary, Yoma German Motors Limited, has signed an importer agreement with Volkswagen Aktiengesellschaft (AG) today (the ?Agreement?).
Under the Agreement, Yoma German Motors Limited will serve as the official importer and distributor of a range of passenger cars and SUVs manufactured by Volkswagen AG, within Myanmar. This arrangement expands upon the Group?s existing Volkswagen after-sales, service and Volkswagen genuine spare parts distribution business which commenced following the signing a service partner agreement in October 2013.
?The extension of our business relationship with Yoma Strategic to become the official distributor of Volkswagen underscores our commitment for the Myanmar market. We are proud to become a part of the success story of this country and are happy to be able to offer our products to the people of Myanmar, products that were designed to make your life safer, easier and more comfortable?, said Mr Axel Oberdiek, General Manager of Sales, ASEAN and Hong Kong of Volkswagen Aktiengesellschaft.
?We are extremely pleased to enter into this Agreement with Volkswagen AG?, remarked Mr Melvyn Pun, CEO of Yoma Strategic. ?Volkswagen embodies the virtues of German engineering quality, precision and passion for technology.?
?This appointment will allow us to tap into Myanmar?s fast growing automobile market by offering an enticing and dynamic range of passenger cars and SUVs to local customers, further expanding our presence in the automotive industry in Myanmar,? he added.
Echoing Mr Pun?s sentiments, Mr Michael Rudenmark, Head of Automotive for Yoma Strategic commented, ?We are very pleased to have the opportunity to import and distribute a range of quality, German engineered Volkswagen vehicles within the Myanmar market.
With 2016 GDP growth expected to exceed 8 per cent and a burgeoning middle class, the timing is right to expand upon our existing Volkswagen aftersales business, which has performed extremely well and has managed to provide previously unseen levels of professionalism and service to our customers. We believe that we can emulate our aftersales success at the point of sale, with a range of exciting new models which will be introduced to specifically suit Myanmar?s driving conditions, backed by world class customer service and a 24/7 nation-wide warranty programme.?
Mr Rudenmark concluded, ?To demonstrate our commitment to the Volkswagen brand and to the Myanmar customer, we shall be erecting an international standard Volkswagen 3S facility in Yangon which will deliver an exceptional standard of service to our customers over the long term.?

vivivava ( Date: 28-Jan-2016 09:12) Posted:

glad to hear things are progressing on many fronts. Real estate slow down is the only -ve

Still no dividend policy being put in placed

Atom99 ( Date: 28-Jan-2016 08:25) Posted:

YOMA's 3Qtr financial result.

Non-real estate businesses drive Yoma Strategic?s third quarter results
 Net Profit attributable to shareholders up 223% to S$25.2 million
 Non-real estate business revenue grew by 260%
 Telecom towers investment recorded significant fair value gain
 To open up to 12 KFC stores by March 2017, quadrupling current store count.

For detailed report,referSGX website

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YOMA's 3Qtr financial result.

Non-real estate businesses drive Yoma Strategic?s third quarter results
 Net Profit attributable to shareholders up 223% to S$25.2 million
 Non-real estate business revenue grew by 260%
 Telecom towers investment recorded significant fair value gain
 To open up to 12 KFC stores by March 2017, quadrupling current store count.

For detailed report,referSGX website.

Atom99 ( Date: 23-Jan-2016 19:44) Posted:

This is good news for YOMA,it can now sell its condominium to foreigners.

"The Union Parliament yesterday approved the draft Condominium bill to allow 40-per-cent foreign ownership.

Under the law, foreigners can buy up to 40 per cent of condo buildings. Buildings with six floors on plots larger than 20,000 square feet shall be called a condominium.

The Ministry of Construction shall designate the number of floors, apartments, parking lots, the materials to be used and technical, security and safety measures.

Khaing Muang Yi, a Lower House MP from Ahlone, said: ?Condo owners shall have the shared ownership of both the land and apartment. Both contractors and landowners shall give up their shared ownership. Those who buy the apartment will own a proportion of the land and apartment. Condo owners still have ownership of the land even when the building has collapsed. And condo owners can put their apartments as collateral up for their bank loans.?

http://www.elevenmyanmar.com/politics/condo-bill-allows-40-foreign-ownership

http://www.mmtimes.com/index.php/business/property-news/18620-condo-law-could-help-reverse-investment-drop-says-dica.html

Atom99 ( Date: 21-Jan-2016 00:09) Posted:

YOMA's financial 3Qtr result ending 31 Dec 2015 to be announced on 27 Jan 2016.Stay tuned.

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This is good news for YOMA,it can now sell its condominium to foreigners.

"The Union Parliament yesterday approved the draft Condominium bill to allow 40-per-cent foreign ownership.

Under the law, foreigners can buy up to 40 per cent of condo buildings. Buildings with six floors on plots larger than 20,000 square feet shall be called a condominium.

The Ministry of Construction shall designate the number of floors, apartments, parking lots, the materials to be used and technical, security and safety measures.

Khaing Muang Yi, a Lower House MP from Ahlone, said: ?Condo owners shall have the shared ownership of both the land and apartment. Both contractors and landowners shall give up their shared ownership. Those who buy the apartment will own a proportion of the land and apartment. Condo owners still have ownership of the land even when the building has collapsed. And condo owners can put their apartments as collateral up for their bank loans.?

http://www.elevenmyanmar.com/politics/condo-bill-allows-40-foreign-ownership

http://www.mmtimes.com/index.php/business/property-news/18620-condo-law-could-help-reverse-investment-drop-says-dica.html

Atom99 ( Date: 21-Jan-2016 00:09) Posted:

YOMA's financial 3Qtr result ending 31 Dec 2015 to be announced on 27 Jan 2016.Stay tuned.

Atom99 ( Date: 16-Jan-2016 10:22) Posted:

I am not too sure it will go down that low.YOMA's NTA is $0.38.3. 3Q result should be out this month

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Look at Cordlife...

ecekca ( Date: 20-Jan-2016 20:14) Posted:

Superman seh

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YOMA's financial 3Qtr result ending 31 Dec 2015 to be announced on 27 Jan 2016.Stay tuned.

Atom99 ( Date: 16-Jan-2016 10:22) Posted:

I am not too sure it will go down that low.YOMA's NTA is $0.38.3. 3Q result should be out this month.

Immortal ( Date: 15-Jan-2016 21:01) Posted:

I really love this stock....with so many happening ventures.....but I am waiting for it to go to 15 to 20c

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I am not too sure it will go down that low.YOMA's NTA is $0.38.3. 3Q result should be out this month.

Immortal ( Date: 15-Jan-2016 21:01) Posted:

I really love this stock....with so many happening ventures.....but I am waiting for it to go to 15 to 20c

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Yoma to sell VW cars through new subsidiary
Print
By Steve Gilmore | Friday, 15 January 2016

Yoma Strategic Holdings announced a new subsidiary this week, which will allow it to sell Volkswagen cars in Myanmar, according to a communications consultant for the firm.

The Singaporean-listed company announced the incorporation of Yoma German Motors (YGM) on January 13. Yoma owns 100 percent of the new subsidiary through its existing subsidiaries Yoma Strategic Investments and Myanmar Motors.

Yoma Strategic Holdings has had an existing partnership with Volkswagen Group for several years, through yet another subsidiary, German Car Industries. According to this service partner agreement, German Car Industries would provide servicing and spare parts for all VW models in Myanmar. The first VW service centre opened in Yangon in October 2013.

But the newly incorporated YGM will both sell and service Volkswagen passenger cars in Myanmar ? a first for Yoma, according to Gerald Woon, a Singaporean-based consultant for Cogent Communications, which Yoma employs.

A Yangon-based spokesperson for Yoma said the firm could not comment, as several aspects of the new subsidiary would only be confirmed after Chinese New Year, which takes place on February 19 this year.

Mr Woon said the incorporation would be useful for Yoma in drawing clear lines between its numerous businesses within certain sectors. In the automotive sector, Yoma also has partnerships or joint ventures with Mitsubishi Motors, Hino Motors and Case New Holland.

http://www.mmtimes.com/index.php/business/18488-yoma-to-sell-vw-cars-through-new-subsidiary.html

Atom99 ( Date: 04-Jan-2016 08:28) Posted:

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...

Atom99 ( Date: 01-Jan-2016 00:17) Posted:

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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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...

Atom99 ( Date: 01-Jan-2016 00:17) Posted:

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.

Atom99 ( Date: 24-Dec-2015 01:24) Posted:

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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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.

Atom99 ( Date: 24-Dec-2015 01:24) Posted:

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.?

Atom99 ( Date: 16-Dec-2015 08:24) Posted:

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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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.?

Atom99 ( Date: 16-Dec-2015 08:24) Posted:

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.

Atom99 ( Date: 15-Dec-2015 18:13) Posted:

YOMA Nominee Limited(YNL) is 100% owned by YOMA STRATEGIC

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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.

Atom99 ( Date: 15-Dec-2015 18:13) Posted:

YOMA Nominee Limited(YNL) is 100% owned by YOMA STRATEGIC.

TeoMark ( Date: 15-Dec-2015 17:38) Posted:

How Yoma Strategic benefits form this new JV?

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YOMA Nominee Limited(YNL) is 100% owned by YOMA STRATEGIC.

TeoMark ( Date: 15-Dec-2015 17:38) Posted:

How Yoma Strategic benefits form this new JV?

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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.

Demostation ( Date: 12-Nov-2015 12:02) Posted:

Yoma is showing real strategies... its price is holding very steady althogh below the 50s after clearing that.

Atom99 ( Date: 12-Nov-2015 11:44) Posted:

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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Nanjing Xinjiekou to Acquire China Cord Blood for $1.4 Billion

Kana Nishizawa Bloomberg Business

November 5, 2015 &mdash 9:23 PM HKT

Nanjing Xinjiekou Department Store Co. said it will acquire China Cord Blood Corp. for an estimated 9.01 billion yuan ($1.4 billion).

Xinjiekou will buy a 65.1 percent stake held by Golden Meditech Holdings Ltd. for about 7.26 billion yuan in cash and shares, and buy out minority stakeholders for an estimated 1.75 billion yuan, it said in a statement. The value of Golden Meditech&rsquo s stake will be evaluated by a third party at a later date and the two companies will negotiate the price based on the evaluation. In August, Xinjiekou proposed to buy China Cord Blood assets for at least 6 billion yuan in cash, stock, or a combination of both.

China Cord Blood in April received an offer from Golden Meditech, its biggest shareholder, to take it private. Xinjiekou, which last year bought an 89 percent stake in U.K. department store House of Fraser, said it is buying assets to accelerate its development strategy. Xinjiekou&rsquo s Shanghai-listed shares have been suspended since June 30. Golden Meditech&rsquo s shares rose 0.9 percent in Hong Kong on Thursday.

Has cordlife sold their shares in China Cord Blood to GoldenMeditech at too low a price?

Vivivie ( Date: 16-Sep-2015 18:25) Posted:

--- Post Removed by User ---

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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

Atom99 ( Date: 30-Aug-2015 08:45) Posted:

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

francisd ( Date: 19-Aug-2015 08:36) Posted:

YES..

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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

francisd ( Date: 19-Aug-2015 08:36) Posted:

YES..

Bigdaddy ( Date: 19-Aug-2015 08:26) Posted:

May I ask, Yoma previously issued rights.. are these paid rights = new shares already trading in the open market?

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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

Atom99 ( Date: 27-Jul-2015 07:51) Posted:

MEDIA RELEASE

Yoma Strategic&rsquo s 1Q2016 net profit to shareholders up 77.7% to S$2.6 million

 Real estate revenue contributed by sales at Pun Hlaing Golf Estate and strong rental income in both Star City and Pun Hlaing Golf Estate

 Automotive segment&rsquo s revenue jumped significantly to S$7.0 million from S$0.2 million

 Gross profit margin improved to 44% from 28%

FINANCIAL HIGHLIGHTS
In S$ million except otherwise stated	1Q2016	1Q2015	Change
Revenue	22.6	17.3	30.7%
Gross Profit	10.0	4.9	103.9%
Gross Margin	44%	28%	16%
Net Profit	2.6	2.9	(11.8%)
Net Profit attributable to Equity Holders	2.6	1.4	77.7%

Atom99 ( Date: 21-Jul-2015 05:53) Posted:

The Board of Directors of Yoma Strategic Holdings Ltd. wishes to announce that it intends to release its unaudited financial results for the first quarter ended 30 June 2015 on or about 27 July 201

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MEDIA RELEASE

Yoma Strategic&rsquo s 1Q2016 net profit to shareholders up 77.7% to S$2.6 million

 Real estate revenue contributed by sales at Pun Hlaing Golf Estate and strong rental income in both Star City and Pun Hlaing Golf Estate

 Automotive segment&rsquo s revenue jumped significantly to S$7.0 million from S$0.2 million

 Gross profit margin improved to 44% from 28%

FINANCIAL HIGHLIGHTS
In S$ million except otherwise stated	1Q2016	1Q2015	Change
Revenue	22.6	17.3	30.7%
Gross Profit	10.0	4.9	103.9%
Gross Margin	44%	28%	16%
Net Profit	2.6	2.9	(11.8%)
Net Profit attributable to Equity Holders	2.6	1.4	77.7%

Atom99 ( Date: 21-Jul-2015 05:53) Posted:

The Board of Directors of Yoma Strategic Holdings Ltd. wishes to announce that it intends to release its unaudited financial results for the first quarter ended 30 June 2015 on or about 27 July 2015

Atom99 ( Date: 30-Jun-2015 20:27) Posted:

YOMA ANNOUNCEMENT THRU SGX :

General Announcement::Press Release: Ceremony Marking The Official Launch Of KFC In Myanmar To Be Held 7 July 2015

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The Board of Directors of Yoma Strategic Holdings Ltd. wishes to announce that it intends to release its unaudited financial results for the first quarter ended 30 June 2015 on or about 27 July 2015

Atom99 ( Date: 30-Jun-2015 20:27) Posted:

YOMA ANNOUNCEMENT THRU SGX :

General Announcement::Press Release: Ceremony Marking The Official Launch Of KFC In Myanmar To Be Held 7 July 2015

Atom99 ( Date: 30-Jun-2015 19:05) Posted:

Latest update from Mizzima .com that YOMA ' s KFC opening is on 7 July 15.

Anyway,they are open for business today.