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Yoma Strategic
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YOMA
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Atom99
Master |
01-Feb-2017 20:51
Yells: "Once you hv eliminated the impossible,whatever remains TRUTH" |
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Yes.All the necessary required approval completed.Awaiting YOMA to announce details of the Landmark development plan in mid Feb.
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Immortal
Master |
01-Feb-2017 19:46
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I thought approval has been given....i always get confused by the constant approval |
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Atom99
Master |
01-Feb-2017 18:42
Yells: "Once you hv eliminated the impossible,whatever remains TRUTH" |
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Maye have to wait till mid February... Pun-Backed Project At Yangon&rsquo s Colonial Railway Building Wins &lsquo Milestone&rsquo Government Approval Ambitious $660 million plan involves turning former Railway Company headquarters into a hotel. The Myanmar In vestment Com mission (MIC) has given approval to a mixed-use mega project at the heritage listed My anmar Railway Company building in downtown Yangon. The Landmark Devel opment, as it' s known, is divided into two parts. The redevelopment of the colonial era Myan mar Railway Company building into the five star Peninsula Hotel Yangon and a mix-used develop ment which is to include a business hotel, serviced apartments, high-end retail and office space on the surrounding land owned by the Ministry of Transport and Communi cations. Local business tycoon Serge Pun' s First Myan mar Investment Group (FMI) and Singapore list ed sister company Yoma Strategic Holdings will own 12 percent and 48 percent of the mixed-use project, with Yoma ex pecting to spend between 92 million and $117 mil lion on the project. **FMI told Myanmar Business Today more de tails on the next phase of the project would be re vealed in mid-February.** The MIC approval re moves the last hurdle for the project, which has been held back for years while local firm Yoma Strategic Holdings sought two 50 year lease extensions for the land owned by the then Ministry of Railways. &ldquo This is a major mile stone towards satisfac tion of conditions in the Company' s sharehold ers agreements with its respective joint venture partners,&rdquo Tun Tun, FMI&rsquo s executive director, said in a note to investors published on the Yangon Stock Exchange website. The project, a collabora tion between several firms from across Asia, will cost over $660 million and is slated for completion in 2020. Japan&rsquo s Mitsubishi Cor poration and Mitsubishi Estate will own 30 percent of the mixed-use develop ment, while the Interna tional Finance Corporation (IFC) and Asia Develop ment Bank (ADB) will own 5 percent each. Hong Kong and Shang hai Hotels will own 80 percent of The Peninsula Hotel development while Serge Pun' s Yoma Strate gic and FMI will own 24 percent and 6 percent re spectively. http://www.mmbiztoday.com
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ss2017.
Supreme |
01-Feb-2017 17:16
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The sky for Yoma today is clearer now. | ||||
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Trexxx
Veteran |
01-Feb-2017 13:49
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dont waste your time here. above 62c then chase. |
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Immortal
Master |
01-Feb-2017 13:48
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what happened....now news yet |
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Immortal
Master |
27-Jan-2017 16:58
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I think probably on Tuesday ......hopefully good or at least with good guidance into the future development.....only then will be a trigger
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Atom99
Master |
27-Jan-2017 14:33
Yells: "Once you hv eliminated the impossible,whatever remains TRUTH" |
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Supposed to be today. Maybe in the evening...
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Immortal
Master |
27-Jan-2017 13:43
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no result today |
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Immortal
Master |
25-Jan-2017 18:23
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Hope result is ok or good news on any JV also good | ||||
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Atom99
Master |
25-Jan-2017 01:10
Yells: "Once you hv eliminated the impossible,whatever remains TRUTH" |
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YOMA to release 3qtr financial report on 27/1/2017.
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Immortal
Master |
15-Jan-2017 10:01
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wait for the breakout from the long horizontal box. |
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Atom99
Master |
14-Jan-2017 09:35
Yells: "Once you hv eliminated the impossible,whatever remains TRUTH" |
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SHAREHOLDERS? TRIP TO YANGON, MYANMAR
Singapore, 13 January 2017 ? As part of its shareholder relations programme, Yoma Strategic Holdings Ltd. (the ?Company? and together with its subsidiaries, the ?Group?) is pleased to invite shareholders1 to participate in a 3-day 2-night trip to Yangon, Myanmar, from 23 March 2017 to 25 March 2017 (the ?Shareholders? Trip?). This is the fourth successive year that the Company will be hosting its shareholders in Yangon, following the overwhelming success of previous trips. The itinerary for the Shareholders? Trip will include visits to the Group?s key property development projects as well as its consumer and automotive businesses. There will be interactive sessions with the Group?s key executives allowing shareholders to gain a better understanding of the Company and to assess the current political, economic and social developments in Myanmar. There will also be visits to key tourist attractions in Yangon. The Company will host its shareholders by organising the ground transportation and sponsoring the meals. Shareholders will have to pay for all other cost including their own flight and accommodation. Shareholders are encouraged to book their flights and accommodation via the Company?s appointed travel agency in Singapore, which will be disclosed upon registration to ensure logistics efficiency2. We seek your understanding that registration will be based on a first-come-first-served basis and is subject to availability. Interested shareholders are to indicate their interest with the Company?s designated contact persons by 10 February 2017, 5 p.m. Singapore time via email to [email protected] with their full names, Identification Card numbers, addresses and telephone contact details3. In addition, a deposit will have to be paid within 5 working days upon registration to confirm the registration. Further details on the trip will be provided to those shareholders who have registered with the Company. The decision of the Company on matters relating to registration shall be final and the itinerary of the trip is subject to change at the sole discretion of the Company.
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Immortal
Master |
14-Jan-2017 09:05
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Great news......eversince the weekly averages have turned up, I am confident we will see good days for Yoma, plus fundamentally, this is a very comprehensive stock. Just need to wait for the breakout to 72, then 80 and finally above 1. Beyond 1, I dun know what is the horizon. |
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Atom99
Master |
13-Jan-2017 10:08
Yells: "Once you hv eliminated the impossible,whatever remains TRUTH" |
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SINGAPORE (Jan 13): Yoma Strategic says its Landmark development projects have been approved by the Myanmar Investment Commission and listed as Permitted Investments (1/2017).
The developments are located at Bogyoke Aung San Road and the former headquarters of the Burma Railway Company which will be turned into ?The Peninsula Yangon?. ?This is a major milestone towards satisfaction of conditions in the company?s shareholders agreements with its respective joint venture partners. The company will work with these partners to finalise the Landmark Projects,? says CEO Melvyn Pun in its filing. In its efforts to cut red tape and encourage foreign direct investments, Myanmar introduced a new investment law to consolidate the existing Foreign Investment Law and the Myanmar Citizens? Investment Law and unify the investment code.
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Immortal
Master |
12-Jan-2017 11:01
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I dun think will drop to 53c as from all the price movement, it seems like a waiting game. Those who have accumulated have probably do so already given the long consolidation phase, Now is just wait for the big move. It will happen just dunno when but if it breaks out from 0.62, then it will ram up like a runaway train. Just wait.... |
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SgTrader17
Elite |
11-Jan-2017 21:00
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If drops to 53cts, I will start buying.
60cts seems a big Wall to break. Buy only on drops, so can sell below 60cts. |
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ss2017.
Supreme |
11-Jan-2017 19:14
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Can anybody understand this? comment please . The short sell orders ratio is very high over last three days.
11/1 today price down 1c 1,274,900 short sell, vol done 2,831,300 10/1 price down 1c 1,270,000 short sell, vol done 3,684,100 9/1 price has no change 1,085,000 short sell, vol done 5,023,400 |
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ss2017.
Supreme |
11-Jan-2017 07:54
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With thin volume yet see this,
Making of sell orders, sgx website: 10/1 1270,000 9/1 1085,000 |
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ss2017.
Supreme |
09-Jan-2017 12:57
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Today it tried to push bollinger bands upper limit. Just see whether it has strength to sustain the momentum?! | ||||
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