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YOMA
johnng
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19-Oct-2016 10:39     
 
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CHiong how high today ah??
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jayarumah
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19-Oct-2016 09:35     
 
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yoma is well liked by foreign funds when yoma is up, you know foreign funds are in
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Trexxx
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19-Oct-2016 09:11     
 
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This stock is going to chiong soon, do not miss
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Atom99
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08-Sep-2016 20:52     
 
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 Alert Admin 		Yoma Strategic appointed as exclusive distributor for JCB construction and heavy equipment in Myanmar
Singapore, 8 September 2016 ? Yoma Strategic Holdings Ltd. (?Yoma Strategic? or the ?Company? together with its subsidiaries, the ?Group?) is pleased to announce that Convenience Prosperity Company Limited (?CPCL?) has been appointed by J C Bamford Excavators Limited (?JCB?) as the exclusive distributor for the Myanmar market. The Company holds an effective one hundred per cent. (100%) interest in CPCL.
Founded in 1945, JCB has grown to become the world?s third largest manufacturer of construction equipment by volume with 22 manufacturing plants worldwide, employing around 11,000 people on four continents. JCB sells its products in 150 countries through 2,000 dealer depot locations. JCB has a leading presence in several countries in Asia including India, with 3 out of 4 pieces of construction machinery sold in India being a JCB1.
With this appointment, CPCL will become the exclusive Myanmar distributor for the full range of products offered by JCB, including the world renowned JCB backhoe loaders - of which nearly 1 in every 2 sold globally is a JCB, light, medium and heavy duty excavators, Loadall telescopic handlers, compactors and skid steer loaders.
Mr Vipin Sondhi, Managing Director & CEO of JCB India said, "We are looking forward to working closely with Yoma Strategic as part of our plans to grow JCB's market position in Myanmar. As the construction industry expands to meet Myanmar's requirements for new and improved infrastructure, the opportunities for JCB equipment in this important market are considerable. CPCL's extensive distribution network, together with its reputation for industry-leading service support to customers, will enable JCB to grow brand awareness and market share in Myanmar during the next phase of economic growth in the country."
Mr Melvyn Pun, CEO of Yoma Strategic, commented, ?We are very excited to become the exclusive Myanmar partner for JCB, at a time when infrastructure and construction activities are accelerating across the country. JCB is one of the world?s leading brands for construction and heavy equipment, and has a range of products that is well-suited to Myanmar. The business further augments our comprehensive offerings in the Automotive & Equipment division, and will help drive meaningful synergies as we expand our distribution footprint across Myanmar.?
A recent industry report by Timetric Construction Intelligence Center revealed that the Myanmar construction industry was valued at US$8.2 billion in 2015 and is expected to grow to US$13.5 billion in 2020, representing an annual growth rate of 10.4%. With significant infrastructure development anticipated in the coming years, the construction industry continues to represent one of the most attractive sectors for investment in the country.
1 http://www.jcb.co.uk/
CPCL already has 11 CPCL branches throughout Myanmar and the number of branches is expected to increase to 14 by December 2016. CPCL is the distributor for Case New Holland (?CNH?), one of the leading agriculture equipment brands in the world and FPT generators, also from within the CNH group of companies.
Mr. Gerhard Hartzenberg, Head of Agriculture and Construction Equipment of Yoma Strategic added, ?We are delighted to represent JCB and we believe it will help to enhance the growth of our CPCL business. Our existing CPCL branches will enable us to fast track the growth of the JCB business, whilst at the same time, we see cost synergies via centralised administration functions and shared premises.?
End
About Yoma Strategic Holdings Ltd. (www.yomastrategic.com)


Atom99      ( Date: 06-Sep-2016 17:50) Posted:


Yoma Strategic mulls mergers for new tourism firm with an eye on the SGX
Print
By Steve Gilmore | Tuesday, 06 September 2016

Yoma Strategic Holdings is restructuring its tourism assets and plans to create a new Myanmar tourism-focused firm that will merge with other players in the sector and potentially list on the Singapore exchange, Yoma?s chief executive told The Myanmar Times.

Hot-air balloons inflated near the ancient temples during sunrise in Bagan. Photo: StaffHot-air balloons inflated near the ancient temples during sunrise in Bagan. Photo: Staff

The company announced on September 2 that it had bought the remaining 25 percent it did not own in a tourism subsidiary ? Chindwin Holdings ? that operates, among other ventures, a popular air-balloon business in Bagan.

But the purchase is only part of a wider restructuring that will see Singapore-listed Yoma Strategic spinoff its tourism assets into a new entity.

?We feel that tourism [in Myanmar] is a very significant opportunity but requires dedicated management and expertise,? said chief executive Melvyn Pun, ?At Yoma we?re not ready to scale up to that, so in setting up a new company our intention is to merge our assets [with those of other firms].?

Yoma Strategic has already put in place a dedicated management team for the new entity, and has under-construction hotel projects that will be transferred to the new firm. Mr Pun says the plan is to construct hotels in key tourist cities, and to build smaller hotel projects in less well-known destinations.

?It?s not that we want to be in the high-end or any [specific] part of the tourism sector,? said Mr Pun. Instead Yoma is looking to capitalise on the broad range of tourism experiences, from cruises to balloon rides, from cities to villages. The new company will market its tourism businesses under an undisclosed ?unifying brand?, which the firm is in the process of developing, Mr Pun said.

The company is seeking Myanmar Investment Commission (MIC) approval for several tourism-focused projects that will run under the new entity, and has its eye on potential partners engaged in already-approved tourism ventures, Mr Pun added.

Yoma Strategic will initially restructure its tourism-assets into a Yoma controlled venture, which will then merge with other firms and shareholders. The result will be that over time Yoma Strategic will own ?a smaller stake in a larger tourism platform?, said Mr Pun.

He said Yoma hopes to announce further details of mergers and the new tourism entity in coming months.

One option is to have the new tourism-focussed firm list in Singapore, which has the advantage of drawing additional capital, he said. The other is to have the firm stay unlisted in the short to medium term and rely on private equity funds or individual investors, ?with the aim of getting listed two or three years later?, Mr Pun said.

Either way the plan is to have a Singapore-listed venture, but Mr Pun also sees a Yangon Stock Exchange listing further down the road. Yoma Strategic chair Serge Pun owns First Myanmar Investment, which was the first company to list on the YSX earlier this year.

FMI also holds a minority stake in Chindwin Holdings, which now owns 100pc of Balloons Over Bagan.

Potential partnerships for the new tourism entity will include those in the hotel and travel agency business, the firm said. Yoma Strategic already has exposure to the hotels business through its Landmark Project in downtown Yangon, which includes a luxury hotel in which Yoma has a 24pc stake. But this will be treated as a real estate project and is unaffected by the restructuring, Mr Pun said.

Yoma Strategic focuses on four main business pillars ? real estate, automotive and equipment, the consumer sector, and investments. The restructuring will allow the firm to keep its focus on these four pillars, while retaining an investment in the lucrative tourism sector, Mr Pun said. But he expects the tourism entity to contribute less and less to Yoma?s overall profits over time as its core businesses grow.

Wong Yew Kiang, an analyst at Hong Kong firm Credit Lyonnais Securities Asia (CLSA), said the restructuring was unlikely to affect Yoma?s popularity with equity investors. CLSA has a buy recommendation on Yoma Strategic stock, which it said was the only way for capital market buyers to gain exposure the Myanmar real estate market.

Yoma Strategic?s shares were up 0.87pc at S$0.58 on the Singapore stock exchange yesterday afternoon.

FMI?s shares were up K500 at K20,000 at yesterday?s close.

http://www.mmtimes.com/index.php/business/22335-yoma-strategic-mulls-mergers-for-new-tourism-firm-with-an-eye-on-the-sgx.html

Atom99      ( Date: 03-Sep-2016 01:47) Posted:

Yoma Strategic restructures tourism assets to create a new exciting tourism platform.
Streamlines its interest in Balloons over Bagan business
 Intends to spin-off tourism assets into a new company
 Plans to partner with other tourism players to create a portfolio of tourism assets
Singapore, 2 September 2016 ? Yoma Strategic Holdings Ltd. (?Yoma Strategic? or the ?Company? together with its subsidiaries, the ?Group?) is pleased to announce its intention to restructure its tourism businesses. The Group plans to spin off its tourism assets into a new company with dedicated management, and intends to partner with other tourism players in Myanmar including but are not limited to hotels and travel agencies ("Tourism Restructuring"). The Group expects the restructuring to drive commercial and costs synergies while improving development capabilities.
Mr Melvyn Pun, CEO of Yoma Strategic, commented, ?We are excited by the opportunity to partner with strong players in Myanmar to form a unique tourism platform. A dedicated management team with extensive tourism experience has been put in place to lead this initiative, and we are confident that the set up will facilitate the scaling up of tourism businesses while attracting new investors to fund its future growth.?
Further, the Group has completed the purchase of the remaining interests in its "Balloons over Bagan" ("BoB") business ("BoB Acquisition") through its 70%-owned subsidiary Chindwin Holdings Pte. Ltd. (?Chindwin Holdings?). The BoB Acquisition is part of the Tourism Restructuring, and allows the Group to streamline its shareholding in the BoB business. The transaction will be funded through Chindwin Holdings' internal resources. Yoma Strategic?s effective interest in BoB has now increased from 52.5% to 70%.
BoB, which is one of the country?s most iconic tourist attractions, will be a key asset in the new tourism platform. In June 2013, Chindwin Holdings purchased 75% of BoB and a call option to acquire a 75%-interest in 21.2 acres of land in Bagan with the intention to development a hotel ("Bagan Land Call Option") from its original owner, with the remaining 25% of BoB held by the original owner. In exchange for the acquisition of the remaining 25% interest of BoB and related entities, Chindwin Holdings will pay US$1.5 million, transfer its 75% interest in Eastern Safaris Pte Ltd, terminate the Bagan Land Call Option, write-off all expenses incurred in relation to the proposed development of the hotel in Bagan.
BoB currently operates 12 balloons in Bagan and has expanded its service to Inle Lake in 2015. Balloons over Inle currently has 2 balloons that provide a premium service carrying up to 6 passengers over the floating gardens and villages on the lake. Over the last decade, BoB has built such a strong brand reputation in the Myanmar tourism market that it is rated as a top activity for visitors to Myanmar on travel websites. The annual revenue from the BoB business has grown by 58.5% from S$5.3 million in FY2014 to S$8.4 million in FY2016.
Mr Serge Pun, Chairman of Yoma Strategic, remarked, ?Tourism is one of the big economic drivers in Myanmar and is only set to grow in leaps and bounds. The country is blessed with an interesting geography, a rich cultural history and an unspoilt natural environment that lends itself to beautiful attractions and places to visit. We already have one of the best tourist attractions in Myanmar in Balloons over Bagan and it makes sense for us to build on it and work in partnership with others to ensure that we have a firm foothold in this fast growing tourism market.
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Atom99
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06-Sep-2016 17:50     
 
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Yoma Strategic mulls mergers for new tourism firm with an eye on the SGX
Print
By Steve Gilmore | Tuesday, 06 September 2016

Yoma Strategic Holdings is restructuring its tourism assets and plans to create a new Myanmar tourism-focused firm that will merge with other players in the sector and potentially list on the Singapore exchange, Yoma?s chief executive told The Myanmar Times.

Hot-air balloons inflated near the ancient temples during sunrise in Bagan. Photo: StaffHot-air balloons inflated near the ancient temples during sunrise in Bagan. Photo: Staff

The company announced on September 2 that it had bought the remaining 25 percent it did not own in a tourism subsidiary ? Chindwin Holdings ? that operates, among other ventures, a popular air-balloon business in Bagan.

But the purchase is only part of a wider restructuring that will see Singapore-listed Yoma Strategic spinoff its tourism assets into a new entity.

?We feel that tourism [in Myanmar] is a very significant opportunity but requires dedicated management and expertise,? said chief executive Melvyn Pun, ?At Yoma we?re not ready to scale up to that, so in setting up a new company our intention is to merge our assets [with those of other firms].?

Yoma Strategic has already put in place a dedicated management team for the new entity, and has under-construction hotel projects that will be transferred to the new firm. Mr Pun says the plan is to construct hotels in key tourist cities, and to build smaller hotel projects in less well-known destinations.

?It?s not that we want to be in the high-end or any [specific] part of the tourism sector,? said Mr Pun. Instead Yoma is looking to capitalise on the broad range of tourism experiences, from cruises to balloon rides, from cities to villages. The new company will market its tourism businesses under an undisclosed ?unifying brand?, which the firm is in the process of developing, Mr Pun said.

The company is seeking Myanmar Investment Commission (MIC) approval for several tourism-focused projects that will run under the new entity, and has its eye on potential partners engaged in already-approved tourism ventures, Mr Pun added.

Yoma Strategic will initially restructure its tourism-assets into a Yoma controlled venture, which will then merge with other firms and shareholders. The result will be that over time Yoma Strategic will own ?a smaller stake in a larger tourism platform?, said Mr Pun.

He said Yoma hopes to announce further details of mergers and the new tourism entity in coming months.

One option is to have the new tourism-focussed firm list in Singapore, which has the advantage of drawing additional capital, he said. The other is to have the firm stay unlisted in the short to medium term and rely on private equity funds or individual investors, ?with the aim of getting listed two or three years later?, Mr Pun said.

Either way the plan is to have a Singapore-listed venture, but Mr Pun also sees a Yangon Stock Exchange listing further down the road. Yoma Strategic chair Serge Pun owns First Myanmar Investment, which was the first company to list on the YSX earlier this year.

FMI also holds a minority stake in Chindwin Holdings, which now owns 100pc of Balloons Over Bagan.

Potential partnerships for the new tourism entity will include those in the hotel and travel agency business, the firm said. Yoma Strategic already has exposure to the hotels business through its Landmark Project in downtown Yangon, which includes a luxury hotel in which Yoma has a 24pc stake. But this will be treated as a real estate project and is unaffected by the restructuring, Mr Pun said.

Yoma Strategic focuses on four main business pillars ? real estate, automotive and equipment, the consumer sector, and investments. The restructuring will allow the firm to keep its focus on these four pillars, while retaining an investment in the lucrative tourism sector, Mr Pun said. But he expects the tourism entity to contribute less and less to Yoma?s overall profits over time as its core businesses grow.

Wong Yew Kiang, an analyst at Hong Kong firm Credit Lyonnais Securities Asia (CLSA), said the restructuring was unlikely to affect Yoma?s popularity with equity investors. CLSA has a buy recommendation on Yoma Strategic stock, which it said was the only way for capital market buyers to gain exposure the Myanmar real estate market.

Yoma Strategic?s shares were up 0.87pc at S$0.58 on the Singapore stock exchange yesterday afternoon.

FMI?s shares were up K500 at K20,000 at yesterday?s close.

http://www.mmtimes.com/index.php/business/22335-yoma-strategic-mulls-mergers-for-new-tourism-firm-with-an-eye-on-the-sgx.html

Atom99      ( Date: 03-Sep-2016 01:47) Posted:

Yoma Strategic restructures tourism assets to create a new exciting tourism platform.
Streamlines its interest in Balloons over Bagan business
 Intends to spin-off tourism assets into a new company
 Plans to partner with other tourism players to create a portfolio of tourism assets
Singapore, 2 September 2016 ? Yoma Strategic Holdings Ltd. (?Yoma Strategic? or the ?Company? together with its subsidiaries, the ?Group?) is pleased to announce its intention to restructure its tourism businesses. The Group plans to spin off its tourism assets into a new company with dedicated management, and intends to partner with other tourism players in Myanmar including but are not limited to hotels and travel agencies ("Tourism Restructuring"). The Group expects the restructuring to drive commercial and costs synergies while improving development capabilities.
Mr Melvyn Pun, CEO of Yoma Strategic, commented, ?We are excited by the opportunity to partner with strong players in Myanmar to form a unique tourism platform. A dedicated management team with extensive tourism experience has been put in place to lead this initiative, and we are confident that the set up will facilitate the scaling up of tourism businesses while attracting new investors to fund its future growth.?
Further, the Group has completed the purchase of the remaining interests in its "Balloons over Bagan" ("BoB") business ("BoB Acquisition") through its 70%-owned subsidiary Chindwin Holdings Pte. Ltd. (?Chindwin Holdings?). The BoB Acquisition is part of the Tourism Restructuring, and allows the Group to streamline its shareholding in the BoB business. The transaction will be funded through Chindwin Holdings' internal resources. Yoma Strategic?s effective interest in BoB has now increased from 52.5% to 70%.
BoB, which is one of the country?s most iconic tourist attractions, will be a key asset in the new tourism platform. In June 2013, Chindwin Holdings purchased 75% of BoB and a call option to acquire a 75%-interest in 21.2 acres of land in Bagan with the intention to development a hotel ("Bagan Land Call Option") from its original owner, with the remaining 25% of BoB held by the original owner. In exchange for the acquisition of the remaining 25% interest of BoB and related entities, Chindwin Holdings will pay US$1.5 million, transfer its 75% interest in Eastern Safaris Pte Ltd, terminate the Bagan Land Call Option, write-off all expenses incurred in relation to the proposed development of the hotel in Bagan.
BoB currently operates 12 balloons in Bagan and has expanded its service to Inle Lake in 2015. Balloons over Inle currently has 2 balloons that provide a premium service carrying up to 6 passengers over the floating gardens and villages on the lake. Over the last decade, BoB has built such a strong brand reputation in the Myanmar tourism market that it is rated as a top activity for visitors to Myanmar on travel websites. The annual revenue from the BoB business has grown by 58.5% from S$5.3 million in FY2014 to S$8.4 million in FY2016.
Mr Serge Pun, Chairman of Yoma Strategic, remarked, ?Tourism is one of the big economic drivers in Myanmar and is only set to grow in leaps and bounds. The country is blessed with an interesting geography, a rich cultural history and an unspoilt natural environment that lends itself to beautiful attractions and places to visit. We already have one of the best tourist attractions in Myanmar in Balloons over Bagan and it makes sense for us to build on it and work in partnership with others to ensure that we have a firm foothold in this fast growing tourism market.?

Atom99      ( Date: 03-Sep-2016 01:40) Posted:



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Atom99
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03-Sep-2016 01:47     
 
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 Alert Admin 		Yoma Strategic restructures tourism assets to create a new exciting tourism platform.
Streamlines its interest in Balloons over Bagan business
 Intends to spin-off tourism assets into a new company
 Plans to partner with other tourism players to create a portfolio of tourism assets
Singapore, 2 September 2016 ? Yoma Strategic Holdings Ltd. (?Yoma Strategic? or the ?Company? together with its subsidiaries, the ?Group?) is pleased to announce its intention to restructure its tourism businesses. The Group plans to spin off its tourism assets into a new company with dedicated management, and intends to partner with other tourism players in Myanmar including but are not limited to hotels and travel agencies ("Tourism Restructuring"). The Group expects the restructuring to drive commercial and costs synergies while improving development capabilities.
Mr Melvyn Pun, CEO of Yoma Strategic, commented, ?We are excited by the opportunity to partner with strong players in Myanmar to form a unique tourism platform. A dedicated management team with extensive tourism experience has been put in place to lead this initiative, and we are confident that the set up will facilitate the scaling up of tourism businesses while attracting new investors to fund its future growth.?
Further, the Group has completed the purchase of the remaining interests in its "Balloons over Bagan" ("BoB") business ("BoB Acquisition") through its 70%-owned subsidiary Chindwin Holdings Pte. Ltd. (?Chindwin Holdings?). The BoB Acquisition is part of the Tourism Restructuring, and allows the Group to streamline its shareholding in the BoB business. The transaction will be funded through Chindwin Holdings' internal resources. Yoma Strategic?s effective interest in BoB has now increased from 52.5% to 70%.
BoB, which is one of the country?s most iconic tourist attractions, will be a key asset in the new tourism platform. In June 2013, Chindwin Holdings purchased 75% of BoB and a call option to acquire a 75%-interest in 21.2 acres of land in Bagan with the intention to development a hotel ("Bagan Land Call Option") from its original owner, with the remaining 25% of BoB held by the original owner. In exchange for the acquisition of the remaining 25% interest of BoB and related entities, Chindwin Holdings will pay US$1.5 million, transfer its 75% interest in Eastern Safaris Pte Ltd, terminate the Bagan Land Call Option, write-off all expenses incurred in relation to the proposed development of the hotel in Bagan.
BoB currently operates 12 balloons in Bagan and has expanded its service to Inle Lake in 2015. Balloons over Inle currently has 2 balloons that provide a premium service carrying up to 6 passengers over the floating gardens and villages on the lake. Over the last decade, BoB has built such a strong brand reputation in the Myanmar tourism market that it is rated as a top activity for visitors to Myanmar on travel websites. The annual revenue from the BoB business has grown by 58.5% from S$5.3 million in FY2014 to S$8.4 million in FY2016.
Mr Serge Pun, Chairman of Yoma Strategic, remarked, ?Tourism is one of the big economic drivers in Myanmar and is only set to grow in leaps and bounds. The country is blessed with an interesting geography, a rich cultural history and an unspoilt natural environment that lends itself to beautiful attractions and places to visit. We already have one of the best tourist attractions in Myanmar in Balloons over Bagan and it makes sense for us to build on it and work in partnership with others to ensure that we have a firm foothold in this fast growing tourism market.?

Atom99      ( Date: 03-Sep-2016 01:40) Posted:



SgTrader17      ( Date: 02-Sep-2016 23:29) Posted:

Positive news for Yoma? Boost of its tourism business and an intention of spin off.

More profits, bigger businesses.


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Atom99
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03-Sep-2016 01:40     
 
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SgTrader17      ( Date: 02-Sep-2016 23:29) Posted:

Positive news for Yoma? Boost of its tourism business and an intention of spin off.

More profits, bigger businesses.

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SgTrader17
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02-Sep-2016 23:29     
 
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 Alert Admin 		Positive news for Yoma? Boost of its tourism business and an intention of spin off.

More profits, bigger businesses.
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francisd
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02-Sep-2016 15:43     
 
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YOMA, anybody ready for the push...I think got affected by the current market sentiment....NO ZIKA here.

Cheers

 

Vested.

 
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Immortal
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31-Aug-2016 17:40     
 
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Yoma was trending so nicely upwards.......today is a bad break downwards
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Trexxx
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31-Aug-2016 15:56     
 
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Anyone knows if the swing low support is broken, is 0.575 the next support level? once break this, seem like trend has changed... 
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polarinda
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31-Aug-2016 15:45     
 
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breaks 595...
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SgTrader17
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11-Aug-2016 16:50     
 
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 Alert Admin 		This is a big fish that needs a Long period of time and patience ...

But sure will not disappoints if you have hard cash and hold it.

Precious high was 90cts and its business is growing year by year, esp properties recovering, telcos expanding, food industry (KFC), travel industry(fleets of vehicles) ...

That's my 2cts thoughts.

Good luck.

francisd      ( Date: 11-Aug-2016 16:46) Posted:



Any info on this counter... good vol. and price moving north.

Cheers.

 

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francisd
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11-Aug-2016 16:46     
 
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Any info on this counter... good vol. and price moving north.

Cheers.

 
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28-Jul-2016 00:48     
 
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Myanmar Summit 2016

June 16th 2016 &bull Yangon, Myanmar


One hundred days into the new government&rsquo s term, The Economist Events convened its second Myanmar Summit, where the nation&rsquo s decision-makers, advocates, entrepreneurs and investors discussed how to build and maintain the country' s development path. 
 


Myanmar faces tremendous obstacles on its road to development, but the opportunities are greater still. The leaders of its new government have a tall order to fill: build economic capacity&mdash jobs and physical and financial infrastructure&mdash and create wealth and opportunity for the country&rsquo s 51m people. Ideally, Myanmar&rsquo s economic and social transformation will coincide with a political one that allows it to dismantle generations-deep systems of cronyism while making all levels of government more accountable. Yet there are currently more promises than concrete solutions. To reverse that ratio, the country&rsquo s people, leaders and foreign partners must develop a much greater appetite for risk.

Over the last 15 months, Myanmar has seen huge political changes: an historic election, a ceasefire agreement with many of the nation&rsquo s armed groups, and initial dialogue to explore constitutional reforms that could recast Myanmar as an inclusive, multi-ethnic federation. All this is part of Myanmar&rsquo s final push to end over half a century of political and economic isolation, and has secured the foundations for a new, vibrant and potentially very different country. 

Myanmar has been afforded a &ldquo last-mover advantage&rdquo unique among Asia&rsquo s developing economies. It can learn from the successes and failures in its neighbours&rsquo struggles to grow and modernise, and benefits directly from their infrastructure and financial investment. Myanmar has a chance to choose new modes of development and to form relationships with foreign investors in ways that let it build its economy inclusively, sustainably and equitably.

Myanmar&rsquo s next generation of leaders has promised to take responsibility for creating a clear and distinctive path to growth. Join the Economist Events as, 100 days into the new government, it convenes its second Myanmar Summit, where the nation&rsquo s decision-makers, advocates, entrepreneurs and investors will discuss how to build and maintain that path in the years to come.
Myanmar Summit 2016

Speakers & Agenda



View the full agenda
Boonkiat Cheewatragoongit

Boonkiat Cheewatragoongit

Senior vice-president, Charoen Pokphand Group
 
Vivek Pathak

Vivek Pathak

Regional director, East Asia and the Pacific, International Finance Corporation
 
Stephane Lamoureux

Stephane Lamoureux

Chief executive officer, KBZ Gateway and chief information officer, KBZ Group
 
Peter Beynon

Peter Beynon

Country chairman, Myanmar and Cambodia, Jardine Matheson
 
Sunil Seth

Sunil Seth

Chief executive, Myanmar, Tata Sons
 
Serge Pun

Serge Pun

Executive chairman, Serge Pun & Associates
 
Win Win Tint

Win Win Tint

Chief executive officer, City Mart
 
Sai Sam Htun

Sai Sam Htun

Executive chaiman, Loi Hein
 


 

If you would like to submit a speaker for consideration please send a concise, 100 word pitch, one or two videos of the proposed speaker, a biography and any relevant articles to  [email protected]  ([email protected]  for World Ocean Summit only).  Please note that we receive a large volume of requests for speaking, and will consider each based on suitability for our programme. We may not be able to make a final decision on your speaking role until closer to the event, but will keep your request on file for consideration.
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OILTANKER
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28-Jul-2016 00:42     
 
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The following project was initiated in 2014, way before the current goverment took over, and it is already operational now. Investments are gradually pouring in, MNCs setting up operations which will feed the residential projects of Yoma. Tourism on the rise, hotels and other forms of accommodation are needed. 

 

PM Lee Hsien Loong launches Singapore-Myanmar Vocational Training Institute in Yangon

Video of PM Lee Hsien Loong launches Singapore-Myanmar Vocational Training Institute in Yangon
Published
Jun 9, 2016, 11:52 am SGT
Updated
Jun 10, 2016, 10:14 am


YANGON, MYANMAR - Prime Minister Lee Hsien Loong launched the Singapore-Myanmar Vocational Training Institute (SMVTI) here on Thursday (June 9) morning.

He visited the institute on the third and final day of his official visit to Myanmar, and toured the campus.

The school, located on the site of a former polytechnic in downtown Yangon, trains Myanmar youth to be skilled workers.
 


It will take in a total of 800 students over two cohorts every year.

Modelled after Singapore' s Institute of Technical Education, the SMVTI offers six-month hands-on courses in hospitality and tourism, electrical skills and electronics, facilities management and engineering services.
 


It also helps match its graduates with relevant jobs in Myanmar.

About 40 per cent of the pioneer batch of 400 students who graduated last month have since found jobs or internships.

Acting Minister for Education (Higher Education and Skills) Ong Ye Kung, who is part of the Singapore delegation to Myanmar, yesterday planted a mahogany tree on the campus grounds.

Mr Ong told reporters that the institute is Singapore' s way of helping Myanmar, especially since Singapore has some experience in training workers.

" Myanmar is going through a very special period of its history. A lot of transitional issues - the democratising process as well as the liberalising of its economy to be more market oriented," he said, adding that it was meaningful for Singapore to contribute to Myanmar in this period.

" We live in Asean and Asean is one big family," he said.

" We meet all the time over a range of issues, we find common causes in many issues of the world. And when each other need help, we will extend our help."
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Demostation
Supreme
26-Jul-2016 19:35     
 
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I think still ok to nibble some at 58-60 cents.   DYODD.

OILTANKER      ( Date: 26-Jul-2016 18:01) Posted:

 

Yoma Strategic Holdings Ltd.


26/07/2016 | Press release | Distributed by Public on 26/07/2016 01:07

Continued growth in Consumer and Automotive businesses offset Softness in Real Estate sales

a652829a-a38e-47cc-9abc-973205d0aaf1.pdf

Media Release

Continued growth in Consumer and Automotive businesses offset Softness in Real Estate sales



  • Real Estate sales' 75.3% drop is mitigated by a 48.6% growth in real estate rental & services revenue


  • Revenue from the Group' s Non-Real Estate businesses recorded a growth of 37.2%


  • Telecommunications towers investment continues to record significant fair value gain driven by strong operating results


FINANCIAL HIGHLIGHTS


In S$ million except otherwise stated

1Q2017

1Q2016

Change


Revenue

17.6

22.7

(22.4)%


Gross Profit

6.8

10.0

(31.5)%


Net Profit

2.3

2.6

(12.1)%


Net Profit attrib. to Equity Holders

1.8

2.6

(28.6)%


Singapore, 26 July 2016 - SGX Mainboard listed Yoma Strategic Holdings Ltd. (" 祐 玛 战 略 控 股 有 限 公 司 " , " Yoma Strategic" or collectively with its subsidiaries, the " Group" ) today announced its financial results for three months ended 30 June 2016 (" 1Q2017" ).

Results Highlights



The Group achieved a revenue of S$17.6 million and a net profit of S$2.3 million for 1Q2017. This revenue was largely driven by the Group' s Consumer and Automotive & Equipment (" Non-Real Estate" ) businesses and its rental revenue from investment properties, which offset the lower revenue from its sales of residences and land development rights (" LDRs" ).

Revenue from the Group' s Non-Real Estate businesses continued to grow strongly recording a 37.2% growth to S$9.6 million in 1Q2017. The Group' s Case New Holland business saw healthy demand contributing S$5.6 million or 58.6% of its Non-Real Estate revenue. The Group' s fleet leasing business expanded to 359 vehicles under lease with growing demand from organisations expanding their operations in Myanmar. The Group' s KFC business also continued its

growth momentum with two new stores openings in April and June which brought the total store count to six as at end of June 2016.

The lower revenue of S$3.1 million recorded from sales of residences and LDRs in 1Q2017 was due to soft real estate market conditions. Rental revenue generated from investment properties increased by 12.2% to S$2.9 million with the Group' s Star Residences (Building A5 in StarCity Zone A) and The Residence at Pun Hlaing (Lakeview G in Pun Hlaing Estate) recording higher occupancy and rental rates.

Other income increased significantly to S$11.8 million in 1Q2017 from S$1.6 million in the three months ended 30 June 2015 (" 1Q2016" ), mainly driven by the fair value gain of S$10.3 million from the Group' s telecommunications towers investment. As at 30 June 2016, the fair value of the Group' s interest in edotco investments was US$54.3 million compared to US$46.7 million as at 31 March 2016.

Administrative expenses increased to S$12.6 million in 1Q2017 as compared to S$8.4 million in 1Q2016. The increase was mainly due to (i) higher staff cost, share option expense and share award expense of approximately S$1.3 million that were incurred by the Company and (ii) higher administrative expenses including staff cost, depreciation expense and professional fees amounting to approximately S$2.2 million that were incurred by the Group' s KFC business and Landmark Development project.

As a result of the above, the Group' s net profit attributable to equity holders of the Company decreased by 28.6% to S$1.8 million in 1Q2017.

Commenting on the 1Q2017 financial results, Mr. Melvyn Pun, Yoma Strategic' s Chief Executive Officer said, " Our Non-Real Estate businesses continue to record good growths and provide a diversified revenue stream to the Group. In particular, our telecommunications towers investment has again performed well. The real estate market remained sluggish but is seeing signs of recovery, and we have received encouraging feedbacks from our recent launch of the townhouses in Pun Hlaing Estate."

Financial Position

The Group' s net assets increased to S$745.2 million as at 30 June 2016 compared to S$736.4 million as at 31 March 2016. This translates to a net asset value per share of the Group of 39.0 Singapore cents as at 30 June 2016 compared to 38.6 Singapore cents as at 31 March 2016.

Borrowings for the Group increased to S$108.0 million as at 30 June 2016 as compared to S$89.7 million as at 31 March 2016. The majority of additional borrowings was used to fund the growth in Yoma Fleet, capital expenditure incurred for KFC stores and construction cost of the Group' s development properties. The Group' s net gearing remains healthy at 19.6%1.

Outlook

In the meantime, the Group' s Landmark Development has continued to make progress in recent months. On 23 July 2016, the Ministry of Transport and Communications via Myanma Railways signed two new separate master leases for the Landmark Development, one for The Peninsula Yangon and the other for the remaining mixed-use development. Major works are expected to commence at the end of 2016.

The Group has recently launched the first phase of the Lotus Hill townhouses at Pun Hlaing Estate and it is encouraged by the response. It will continue to step up its marketing efforts on its real estate developments to coincide with the rebranding of Pun Hlaing Estate and StarCity as the property market picks up. The Group has also arranged with local banks to facilitate mortgage applications with a clear lending structure and borrowing criteria, particularly for StarCity, and this should help to improve sales momentum.

The Automotive & Equipment business continues to grow despite delays in the sales of passenger vehicles and the build-up of Yoma Fleet leasing portfolio as a result of the changes in import regulation. In anticipation of significant infrastructure development in the coming years, the Group is also planning to expand its product lines to distribute construction equipment.

The KFC business continues to maintain its healthy growth rate, with the 6th store being recently opened in June 2016. As the Group continues to identify suitable locations with good traffic for its KFC stores, the target of setting up 12 KFC stores by March 2017 remains on track.

The telecommunications towers business was driven by strong growth of additional tenants on the existing towers. Telecommunications operators are continuing to invest in their networks in a bid to expand coverage and services with improvements to data, in particular, being given priority. This bodes well for the Group' s telecommunications towers investment.

1 The gearing ratio is calculated as net debt divided by total capital. Net debt is calculated as borrowings (excluding loans from non- controlling interest) plus trade and other payables less cash and cash equivalent. The total capital is calculated as total equity plus net debt.

Mr. Serge Pun, Yoma Strategic' s Executive Chairman concluded, " The real estate market remains a bit uncertain as the new government introduced its policies for the sector, although there are signs of a recovery from last year' s slow down. I am confident that the long term outlook for the country and its economy, and in turn, Yoma Strategic, remains bright."

End.

Note: This media release should be read in conjunction with the results announcement released on the SGXNet on the same date.

About Yoma Strategic Holdings Ltd. (www.yomastrategic.com)



Listed on the Main Board of the Singapore Securities Exchange Trading Limited (SGX-ST), Yoma Strategic Holdings Ltd. is a leading business corporation with a diversified portfolio of businesses in Real Estate, Consumer, Automotive

& Equipment, and Investments in Myanmar. Together with its partner, the SPA Group, the Group is taking a conglomerate approach to build a diversified portfolio of businesses in Myanmar. The Company was ranked in the top 10% of the Governance and Transparency Index 2015, ranked 17th out of top 100 largest Singapore companies in the Asean Corporate Governance Scorecard 2015 and won the Best Managed Board (Gold) Award at the Singapore Corporate Awards in 2016.

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OILTANKER
Member
26-Jul-2016 18:01     
 
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Yoma Strategic Holdings Ltd.


26/07/2016 | Press release | Distributed by Public on 26/07/2016 01:07

Continued growth in Consumer and Automotive businesses offset Softness in Real Estate sales

a652829a-a38e-47cc-9abc-973205d0aaf1.pdf

Media Release

Continued growth in Consumer and Automotive businesses offset Softness in Real Estate sales



  • Real Estate sales' 75.3% drop is mitigated by a 48.6% growth in real estate rental & services revenue


  • Revenue from the Group' s Non-Real Estate businesses recorded a growth of 37.2%


  • Telecommunications towers investment continues to record significant fair value gain driven by strong operating results


FINANCIAL HIGHLIGHTS


In S$ million except otherwise stated

1Q2017

1Q2016

Change


Revenue

17.6

22.7

(22.4)%


Gross Profit

6.8

10.0

(31.5)%


Net Profit

2.3

2.6

(12.1)%


Net Profit attrib. to Equity Holders

1.8

2.6

(28.6)%


Singapore, 26 July 2016 - SGX Mainboard listed Yoma Strategic Holdings Ltd. (" 祐 玛 战 略 控 股 有 限 公 司 " , " Yoma Strategic" or collectively with its subsidiaries, the " Group" ) today announced its financial results for three months ended 30 June 2016 (" 1Q2017" ).

Results Highlights



The Group achieved a revenue of S$17.6 million and a net profit of S$2.3 million for 1Q2017. This revenue was largely driven by the Group' s Consumer and Automotive & Equipment (" Non-Real Estate" ) businesses and its rental revenue from investment properties, which offset the lower revenue from its sales of residences and land development rights (" LDRs" ).

Revenue from the Group' s Non-Real Estate businesses continued to grow strongly recording a 37.2% growth to S$9.6 million in 1Q2017. The Group' s Case New Holland business saw healthy demand contributing S$5.6 million or 58.6% of its Non-Real Estate revenue. The Group' s fleet leasing business expanded to 359 vehicles under lease with growing demand from organisations expanding their operations in Myanmar. The Group' s KFC business also continued its

growth momentum with two new stores openings in April and June which brought the total store count to six as at end of June 2016.

The lower revenue of S$3.1 million recorded from sales of residences and LDRs in 1Q2017 was due to soft real estate market conditions. Rental revenue generated from investment properties increased by 12.2% to S$2.9 million with the Group' s Star Residences (Building A5 in StarCity Zone A) and The Residence at Pun Hlaing (Lakeview G in Pun Hlaing Estate) recording higher occupancy and rental rates.

Other income increased significantly to S$11.8 million in 1Q2017 from S$1.6 million in the three months ended 30 June 2015 (" 1Q2016" ), mainly driven by the fair value gain of S$10.3 million from the Group' s telecommunications towers investment. As at 30 June 2016, the fair value of the Group' s interest in edotco investments was US$54.3 million compared to US$46.7 million as at 31 March 2016.

Administrative expenses increased to S$12.6 million in 1Q2017 as compared to S$8.4 million in 1Q2016. The increase was mainly due to (i) higher staff cost, share option expense and share award expense of approximately S$1.3 million that were incurred by the Company and (ii) higher administrative expenses including staff cost, depreciation expense and professional fees amounting to approximately S$2.2 million that were incurred by the Group' s KFC business and Landmark Development project.

As a result of the above, the Group' s net profit attributable to equity holders of the Company decreased by 28.6% to S$1.8 million in 1Q2017.

Commenting on the 1Q2017 financial results, Mr. Melvyn Pun, Yoma Strategic' s Chief Executive Officer said, " Our Non-Real Estate businesses continue to record good growths and provide a diversified revenue stream to the Group. In particular, our telecommunications towers investment has again performed well. The real estate market remained sluggish but is seeing signs of recovery, and we have received encouraging feedbacks from our recent launch of the townhouses in Pun Hlaing Estate."

Financial Position

The Group' s net assets increased to S$745.2 million as at 30 June 2016 compared to S$736.4 million as at 31 March 2016. This translates to a net asset value per share of the Group of 39.0 Singapore cents as at 30 June 2016 compared to 38.6 Singapore cents as at 31 March 2016.

Borrowings for the Group increased to S$108.0 million as at 30 June 2016 as compared to S$89.7 million as at 31 March 2016. The majority of additional borrowings was used to fund the growth in Yoma Fleet, capital expenditure incurred for KFC stores and construction cost of the Group' s development properties. The Group' s net gearing remains healthy at 19.6%1.

Outlook

In the meantime, the Group' s Landmark Development has continued to make progress in recent months. On 23 July 2016, the Ministry of Transport and Communications via Myanma Railways signed two new separate master leases for the Landmark Development, one for The Peninsula Yangon and the other for the remaining mixed-use development. Major works are expected to commence at the end of 2016.

The Group has recently launched the first phase of the Lotus Hill townhouses at Pun Hlaing Estate and it is encouraged by the response. It will continue to step up its marketing efforts on its real estate developments to coincide with the rebranding of Pun Hlaing Estate and StarCity as the property market picks up. The Group has also arranged with local banks to facilitate mortgage applications with a clear lending structure and borrowing criteria, particularly for StarCity, and this should help to improve sales momentum.

The Automotive & Equipment business continues to grow despite delays in the sales of passenger vehicles and the build-up of Yoma Fleet leasing portfolio as a result of the changes in import regulation. In anticipation of significant infrastructure development in the coming years, the Group is also planning to expand its product lines to distribute construction equipment.

The KFC business continues to maintain its healthy growth rate, with the 6th store being recently opened in June 2016. As the Group continues to identify suitable locations with good traffic for its KFC stores, the target of setting up 12 KFC stores by March 2017 remains on track.

The telecommunications towers business was driven by strong growth of additional tenants on the existing towers. Telecommunications operators are continuing to invest in their networks in a bid to expand coverage and services with improvements to data, in particular, being given priority. This bodes well for the Group' s telecommunications towers investment.

1 The gearing ratio is calculated as net debt divided by total capital. Net debt is calculated as borrowings (excluding loans from non- controlling interest) plus trade and other payables less cash and cash equivalent. The total capital is calculated as total equity plus net debt.

Mr. Serge Pun, Yoma Strategic' s Executive Chairman concluded, " The real estate market remains a bit uncertain as the new government introduced its policies for the sector, although there are signs of a recovery from last year' s slow down. I am confident that the long term outlook for the country and its economy, and in turn, Yoma Strategic, remains bright."

End.

Note: This media release should be read in conjunction with the results announcement released on the SGXNet on the same date.

About Yoma Strategic Holdings Ltd. (www.yomastrategic.com)



Listed on the Main Board of the Singapore Securities Exchange Trading Limited (SGX-ST), Yoma Strategic Holdings Ltd. is a leading business corporation with a diversified portfolio of businesses in Real Estate, Consumer, Automotive

& Equipment, and Investments in Myanmar. Together with its partner, the SPA Group, the Group is taking a conglomerate approach to build a diversified portfolio of businesses in Myanmar. The Company was ranked in the top 10% of the Governance and Transparency Index 2015, ranked 17th out of top 100 largest Singapore companies in the Asean Corporate Governance Scorecard 2015 and won the Best Managed Board (Gold) Award at the Singapore Corporate Awards in 2016.
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vivivava
Veteran
26-Jul-2016 17:44     
 
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anyone attended the AGM and can shae their thoughts?

results not much improved but guessed its all being reinvested in their growth
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OILTANKER
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26-Jul-2016 14:15     
 
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" As the new government reviews and prioritises initiatives, some projects may face reviews and delays. However, with State Counsellor Daw Aung San Suu Kyi personally chairing some of these committees, the group is optimistic that good coordination and swift decisions can be made to effect positive progress."

Yoma separately said on Tuesday it has signed a new master lease for its Landmark Development in downtown Yangon. The retail, office, hotel and residential project is a partnership among Yoma and The Hongkong and Shanghai Hotels, Mitsubishi Corporation, Mitsubishi Estate, the International Finance Corporation, the Asian Development Bank and First Myanmar Investment Company.

Yoma will have a 48 per cent stake in the mixed-use development. Works are expected to begin by the end of this year.
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