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YOMA
OILTANKER
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26-Jul-2016 14:06     
 
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Head line result send people paniking.  Consider these:

The Burmese loves to eat fried chicken.

Tourist Arrivals on the rise, the projects need to go ahead and completed asap. 

What is safe and clean source of food for Tourists? KFC?

 

Myanmar Tourist Arrivals    2012-2016 | Data | Chart | Calendar | Forecast

Tourist Arrivals in Myanmar increased to 450541 in December from 429711 in November of 2015. Tourist Arrivals in Myanmar averaged 215485.11 from 2012 until 2015, reaching an all time high of 323335 in January of 2015 and a record low of 125085 in December of 2012. Tourist Arrivals in Myanmar is reported by the Ministry of National Planning and Economic Development, Myanmar.

 
 
 
 
 
 


Myanmar Tourist Arrivals
 
 
 
 
 


 
  Actual Previous Highest Lowest Dates Unit Frequency  
  450541.00 429711.00 450541.00 125085.00 2012 - 2015   Monthly
 


This page provides the latest reported value for - Myanmar Tourist Arrivals - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Myanmar Tourist Arrivals - actual data, historical chart and calendar of releases - was last updated on July of 2016.

 
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Atom99
Master
25-Jul-2016 22:00     
 
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AGM OF YOMA STRATEGIC HOLDINGS LTD. (the ?Company?) will be held at The Straits Room, Level Four, The Fullerton Hotel, 1 Fullerton Square, Singapore 04917 on 26 July 2016. 

    The Boards 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 2016 on or about 26 July 2016.

 

 

Atom99      ( Date: 22-Jul-2016 10:18) Posted:

AGM OF YOMA STRATEGIC HOLDINGS LTD. (the ?Company?) will be held at The Straits Room, Level Four, The Fullerton Hotel, 1 Fullerton Square, Singapore 04917 on 26 July 2016.

If you are a shareholder, I strongly recommend you attend,if you have never attend before.

The Boards 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 2016 on or about 26 July 2016 at 10.00 a.m.



OILTANKER      ( Date: 22-Jul-2016 08:30) Posted:



 

Yoma Strategic wins Gold at the 11th Singapore Corporate Awards

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On Thursday, 21 July 2016
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From left to right: Mr Willy Cheng, Chairman, Singapore Institute of Directors, Mr Serge Pun, Executive Chairman, Yoma Strategic Holdings and Mr Gan Kim Yong, Minister for Health.
 


Yoma Strategic has won a Gold Award under the Best Managed Board award (Companies with $300 million to $1 billion in market capitalization category) at the 11th Singapore Corporate Awards (SCA) held on 19 July 2016.

Mr Serge Pun, Executive Chairman of Yoma Strategic, was presented the award by the event&rsquo s Guest-of-Honour, Mr Gan Kim Yong, Singapore&rsquo s Minister for Health.

This was the second time that Yoma Strategic won an award at the SCA. In 2015, Yoma Strategic won a Silver under the Best Managed Board award at the 10th Singapore Corporate Awards.

Yoma Strategic is the first Myanmar company listed on the Singapore Exchange to win at the SCA.

The Singapore Corporate Awards (SCA) is the most prestigious corporate governance award for listed companies in Singapore.  It was launched on 19 September 2005 as the umbrella awards for exemplary corporate governance practices for listed companies in Singapore. The SCA is organised by the Institute of Singapore Chartered Accountants (ISCA), Singapore Institute of Directors (SID), and The Business Times (BT), supported by Accounting and Corporate Regulatory Authority (ACRA) and Singapore Exchange (SGX), and sponsored by Bank Julius Baer.

&ldquo Yoma Strategic will continue its efforts on corporate governance and will continue to build upon our track record, including our policy of zero tolerance on corruption. This has allowed us to build a strong reputation domestically and internationally, and has facilitated the interest from many international parties wanting to work with us. Today, we continue to benefit from our investment in corporate governance and believe that it will continue to pay off in the long term,&rdquo   saidMr Serge Pun, Executive Chairman of Yoma Strategic.
- See more at: http://mizzima.com/business-domestic/yoma-strategic-wins-gold-11th-singapore-corporate-awards#sthash.ZgGTWbyO.dpuf
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OILTANKER
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22-Jul-2016 16:35     
 
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Myanmar: Economy

 


Despite severe flooding, Myanmar&rsquo s economy continued to perform well in the closing fiscal year. Growth is forecast to accelerate during 2016 on recovery in agriculture and increases in foreign direct investment. Among the near-term challenges facing the incoming government are high inflation and wide fiscal and external deficits. Upgrading the transport system is one of many longer-term challenges. Read more from Asian Development Outlook 2016
 

Economic forecasts for Southeast Asian countries

Country 2016 2017
Brunei Darussalam 1.0 2.5
Cambodia 7.0 7.1
Indonesia 5.2 5.5
Lao People&rsquo s Dem. Rep. 6.8 7.0
Malaysia 4.2 4.4
Myanmar 8.4 8.3
Philippines 6.0 6.1
Singapore 2.0 2.2
Thailand 3.0 3.5
Viet Nam 6.7 6.5
Average 4.5 4.8


Source: Asian Development Outlook 2016
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OILTANKER
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22-Jul-2016 16:18     
 
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Atom99
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22-Jul-2016 10:18     
 
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 Alert Admin 		AGM OF YOMA STRATEGIC HOLDINGS LTD. (the ?Company?) will be held at The Straits Room, Level Four, The Fullerton Hotel, 1 Fullerton Square, Singapore 04917 on 26 July 2016.

If you are a shareholder, I strongly recommend you attend,if you have never attend before.

The Boards 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 2016 on or about 26 July 2016 at 10.00 a.m.



OILTANKER      ( Date: 22-Jul-2016 08:30) Posted:



 

Yoma Strategic wins Gold at the 11th Singapore Corporate Awards

By
On Thursday, 21 July 2016
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From left to right: Mr Willy Cheng, Chairman, Singapore Institute of Directors, Mr Serge Pun, Executive Chairman, Yoma Strategic Holdings and Mr Gan Kim Yong, Minister for Health.
 


Yoma Strategic has won a Gold Award under the Best Managed Board award (Companies with $300 million to $1 billion in market capitalization category) at the 11th Singapore Corporate Awards (SCA) held on 19 July 2016.

Mr Serge Pun, Executive Chairman of Yoma Strategic, was presented the award by the event&rsquo s Guest-of-Honour, Mr Gan Kim Yong, Singapore&rsquo s Minister for Health.

This was the second time that Yoma Strategic won an award at the SCA. In 2015, Yoma Strategic won a Silver under the Best Managed Board award at the 10th Singapore Corporate Awards.

Yoma Strategic is the first Myanmar company listed on the Singapore Exchange to win at the SCA.

The Singapore Corporate Awards (SCA) is the most prestigious corporate governance award for listed companies in Singapore.  It was launched on 19 September 2005 as the umbrella awards for exemplary corporate governance practices for listed companies in Singapore. The SCA is organised by the Institute of Singapore Chartered Accountants (ISCA), Singapore Institute of Directors (SID), and The Business Times (BT), supported by Accounting and Corporate Regulatory Authority (ACRA) and Singapore Exchange (SGX), and sponsored by Bank Julius Baer.

&ldquo Yoma Strategic will continue its efforts on corporate governance and will continue to build upon our track record, including our policy of zero tolerance on corruption. This has allowed us to build a strong reputation domestically and internationally, and has facilitated the interest from many international parties wanting to work with us. Today, we continue to benefit from our investment in corporate governance and believe that it will continue to pay off in the long term,&rdquo   saidMr Serge Pun, Executive Chairman of Yoma Strategic.
- See more at: http://mizzima.com/business-domestic/yoma-strategic-wins-gold-11th-singapore-corporate-awards#sthash.ZgGTWbyO.dpuf
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OILTANKER
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22-Jul-2016 08:30     
 
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Yoma Strategic wins Gold at the 11th Singapore Corporate Awards

By
On Thursday, 21 July 2016
Facebook Tweet Google +0   0   0
 
 




From left to right: Mr Willy Cheng, Chairman, Singapore Institute of Directors, Mr Serge Pun, Executive Chairman, Yoma Strategic Holdings and Mr Gan Kim Yong, Minister for Health.
 


Yoma Strategic has won a Gold Award under the Best Managed Board award (Companies with $300 million to $1 billion in market capitalization category) at the 11th Singapore Corporate Awards (SCA) held on 19 July 2016.

Mr Serge Pun, Executive Chairman of Yoma Strategic, was presented the award by the event&rsquo s Guest-of-Honour, Mr Gan Kim Yong, Singapore&rsquo s Minister for Health.

This was the second time that Yoma Strategic won an award at the SCA. In 2015, Yoma Strategic won a Silver under the Best Managed Board award at the 10th Singapore Corporate Awards.

Yoma Strategic is the first Myanmar company listed on the Singapore Exchange to win at the SCA.

The Singapore Corporate Awards (SCA) is the most prestigious corporate governance award for listed companies in Singapore.  It was launched on 19 September 2005 as the umbrella awards for exemplary corporate governance practices for listed companies in Singapore. The SCA is organised by the Institute of Singapore Chartered Accountants (ISCA), Singapore Institute of Directors (SID), and The Business Times (BT), supported by Accounting and Corporate Regulatory Authority (ACRA) and Singapore Exchange (SGX), and sponsored by Bank Julius Baer.

&ldquo Yoma Strategic will continue its efforts on corporate governance and will continue to build upon our track record, including our policy of zero tolerance on corruption. This has allowed us to build a strong reputation domestically and internationally, and has facilitated the interest from many international parties wanting to work with us. Today, we continue to benefit from our investment in corporate governance and believe that it will continue to pay off in the long term,&rdquo   saidMr Serge Pun, Executive Chairman of Yoma Strategic.
- See more at: http://mizzima.com/business-domestic/yoma-strategic-wins-gold-11th-singapore-corporate-awards#sthash.ZgGTWbyO.dpuf
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jayarumah
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13-Jul-2016 23:19     
 
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 Alert Admin 		Ask Thai Bev how they felt about their Myanmar Breweries thing. After so many years of partnership, company becomes cash cow. What happened ? You mean Thai Bev those Thai tycoons dont know some Myanmar bigshots ? Know so what ? They win ?

Myanmar is still very much military stronghold. A lot are waiting at the sidelines watching..... Do you see Taiwanese flock there like they did in Vietnam ? Even Vietnam now they have many issues.

Myanmar current political situation :

Yet it has repeatedly run into delays due to red tape, which Mr Pun told Reuters is a side-effect of the company&rsquo s commitment to transparency and good governance. 

Myanmar&rsquo s real estate market is highly opaque &ndash last week the Jones Lang LaSalle 2016 Global Real Estate Transparency Index ranked it 95out of 109 markets. Despite some reforms, Myanmar &ldquo has held onto the title as the least transparent market in Asia Pacific&rdquo , the report said. 

Atom99      ( Date: 13-Jul-2016 23:06) Posted:



Yoma signs shareholder agreement for Landmark.

By Clare Hammond   |   Wednesday, 13 July 2016

Yoma Strategic has completed another step on the long road toward starting work on a 10-acre mixed-use luxury development in downtown Yangon.

The Singapore-listed firm, which has major interests in Myanmar real estate, announced yesterday in a filing to the bourse that it had signed a shareholders&rsquo agreement with several parties involved in the long-delayed project.

Signatories include First Myanmar Investment &ndash which is also owned by Yoma Strategic chair Serge Pun &ndash and the International Finance Corporation, which has been criticised by some for funding a high-end project run by one of the country&rsquo s richest businesspeople, despite its mandate to invest in projects that reduce poverty.

Japanese firms Mitsubishi Corporation and Mitsubishi estate also signed the agreement. The two companies are forming a joint venture in Singapore with equity funding from the Japan Overseas Infrastructure Investment Corporation for Transport and Urban Development (JOIN), which will invest up to $200 million into the project.

Yoma&rsquo s head of real estate Cyrus Pun told The Myanmar Times that full details about the project are likely to be disclosed on July 26 following the company&rsquo s annual general meeting.

The US$400 million Landmark Development was first imagined several years ago. When complete it will include residential and office space, and a full-scale renovation of the former colonial-era Burma Railway Company headquarters into a five-star Peninsula hotel.

Yet it has repeatedly run into delays due to red tape, which Mr Pun told Reuters is a side-effect of the company&rsquo s commitment to transparency and good governance.

Myanmar&rsquo s real estate market is highly opaque &ndash last week the Jones Lang LaSalle 2016 Global Real Estate Transparency Index ranked it 95out of 109 markets. Despite some reforms, Myanmar &ldquo has held onto the title as the least transparent market in Asia Pacific&rdquo , the report said.

Yesterday&rsquo s announcement is subject to conditions &ndash the Asian Development Bank must join the group of shareholders and Meeyahta Development Limited (MDL), the joint-venture project&rsquo s developer, still needs Myanmar Investment Commission approval.

Yoma&rsquo s chief financial officer JR Ching told The Myanmar Timesyesterday that the ADB &ldquo is expected to accede to the agreement, once they have finalised some of their internal approvals&rdquo .

&ldquo We are also working with MIC on the approval process,&rdquo Mr Ching said.

He did not respond directly to a question on whether the project has been suspended as part of a Yangon Region government review of high-rise developments across the city saying only, &ldquo We have a positive outlook on the project and are still working with the relevant stakeholders, including the government, to proceed with the project.&rdquo

If all goes to plan, Yoma Strategic will own 48 percent of the joint-venture company, FMI will hold 12pc, Japan&rsquo s Mitsubishi companies will together hold 30pc, and the IFC and the ADB will each hold 5pc.

The two development banks will be granted &ldquo put&rdquo options allowing them to sell their MDL shares back to Yoma between eight and 11 years after their initial subscriptions.

Atom99      ( Date: 13-Jul-2016 12:49) Posted:




Tuesday, 12 July 2016 6:55 PM ET

By Randolf Santos

Mitsubishi Estate Co. Ltd. and Mitsubishi Corp. committed to invest up to around US$200 million in a mixed-use project in downtown Yangon, Myanmar.

The plan involves the redevelopment of an estimated four-hectare site, which houses an office building, commercial facilities and a hotel, among other properties.

In partnership with Yoma Strategic Holdings Ltd. and First Myanmar Investment Co. Ltd., the reconstruction will include two office buildings, a condominium and a hotel-serviced residence building with commercial components across more than 200,000 square meters of total floor area.

Mitsubishi Estate said that it and Mitsubishi Corp. will create a partnership to implement the project via a joint venture established in Singapore.

Work on the Yangon project will begin before the end of fiscal 2016, while its completion is expected prior to the end of fiscal 2020
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Atom99
Master
13-Jul-2016 23:06     
 
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Yoma signs shareholder agreement for Landmark.

By Clare Hammond   |   Wednesday, 13 July 2016

Yoma Strategic has completed another step on the long road toward starting work on a 10-acre mixed-use luxury development in downtown Yangon.

The Singapore-listed firm, which has major interests in Myanmar real estate, announced yesterday in a filing to the bourse that it had signed a shareholders&rsquo agreement with several parties involved in the long-delayed project.

Signatories include First Myanmar Investment &ndash which is also owned by Yoma Strategic chair Serge Pun &ndash and the International Finance Corporation, which has been criticised by some for funding a high-end project run by one of the country&rsquo s richest businesspeople, despite its mandate to invest in projects that reduce poverty.

Japanese firms Mitsubishi Corporation and Mitsubishi estate also signed the agreement. The two companies are forming a joint venture in Singapore with equity funding from the Japan Overseas Infrastructure Investment Corporation for Transport and Urban Development (JOIN), which will invest up to $200 million into the project.

Yoma&rsquo s head of real estate Cyrus Pun told The Myanmar Times that full details about the project are likely to be disclosed on July 26 following the company&rsquo s annual general meeting.

The US$400 million Landmark Development was first imagined several years ago. When complete it will include residential and office space, and a full-scale renovation of the former colonial-era Burma Railway Company headquarters into a five-star Peninsula hotel.

Yet it has repeatedly run into delays due to red tape, which Mr Pun told Reuters is a side-effect of the company&rsquo s commitment to transparency and good governance.

Myanmar&rsquo s real estate market is highly opaque &ndash last week the Jones Lang LaSalle 2016 Global Real Estate Transparency Index ranked it 95out of 109 markets. Despite some reforms, Myanmar &ldquo has held onto the title as the least transparent market in Asia Pacific&rdquo , the report said.

Yesterday&rsquo s announcement is subject to conditions &ndash the Asian Development Bank must join the group of shareholders and Meeyahta Development Limited (MDL), the joint-venture project&rsquo s developer, still needs Myanmar Investment Commission approval.

Yoma&rsquo s chief financial officer JR Ching told The Myanmar Timesyesterday that the ADB &ldquo is expected to accede to the agreement, once they have finalised some of their internal approvals&rdquo .

&ldquo We are also working with MIC on the approval process,&rdquo Mr Ching said.

He did not respond directly to a question on whether the project has been suspended as part of a Yangon Region government review of high-rise developments across the city saying only, &ldquo We have a positive outlook on the project and are still working with the relevant stakeholders, including the government, to proceed with the project.&rdquo

If all goes to plan, Yoma Strategic will own 48 percent of the joint-venture company, FMI will hold 12pc, Japan&rsquo s Mitsubishi companies will together hold 30pc, and the IFC and the ADB will each hold 5pc.

The two development banks will be granted &ldquo put&rdquo options allowing them to sell their MDL shares back to Yoma between eight and 11 years after their initial subscriptions.

Atom99      ( Date: 13-Jul-2016 12:49) Posted:




Tuesday, 12 July 2016 6:55 PM ET

By Randolf Santos

Mitsubishi Estate Co. Ltd. and Mitsubishi Corp. committed to invest up to around US$200 million in a mixed-use project in downtown Yangon, Myanmar.

The plan involves the redevelopment of an estimated four-hectare site, which houses an office building, commercial facilities and a hotel, among other properties.

In partnership with Yoma Strategic Holdings Ltd. and First Myanmar Investment Co. Ltd., the reconstruction will include two office buildings, a condominium and a hotel-serviced residence building with commercial components across more than 200,000 square meters of total floor area.

Mitsubishi Estate said that it and Mitsubishi Corp. will create a partnership to implement the project via a joint venture established in Singapore.

Work on the Yangon project will begin before the end of fiscal 2016, while its completion is expected prior to the end of fiscal 2020.

Atom99      ( Date: 12-Jul-2016 08:53) Posted:

Posted: 12-Jul-2016 08:45
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INTERESTED PERSON TRANSACTION ? PROPOSED LANDMARK DEVELOPMENT
Reference is made to the circular issued by Yoma Strategic Holdings Ltd. (the ?Company? and together with its subsidiaries, the ?Group?) on 22 December 2014 (the ?Circular?) and the announcement dated 4 January 2016 (the ?Announcement?), in relation to the Proposed Landmark Development.
Unless otherwise defined, all terms used herein shall be as defined in the Circular and the Announcement.
PROPOSED JOINT VENTURE
1. Further to the announcements on 1 October 2013 and 20 December 2013, the Board of Directors (the ?Board?) is pleased to announce that the Company and its wholly-owned subsidiary, Yoma Strategic Investments Limited (?YSIL?), have entered into a definitive shareholders? agreement (the ?Shareholders? Agreement?) on 12 July 2016 with amongst others, First Myanmar Investment Company Limited (?FMI?), Mitsubishi Corporation, Mitsubishi Estate Co., Ltd (collectively, the ?Mitsubishi Companies?) and the International Finance Corporation (?IFC?) in relation to the redevelopment of the Landmark Development1 excluding the redevelopment of the former headquarters of the Burma Railway Company into ?The Peninsula Yangon? (the ?Proposed Landmark Development?).
2. The Shareholders? Agreement is subject to a number of conditions precedent (the ?Conditions?) including but not limited to, the entry into the form of adherence whereby the Asian Development Bank (?ADB?) shall become a party to the Shareholders? Agreement, the receipt of the approval from the Myanmar Investment Commission for the incorporation of the joint venture entity to undertake the Proposed Landmark Development (to be known as ?Meeyahta Development Limited?) and certain prescribed documents2 being in agreed form and executed...

The Board wishes to inform shareholders that further information on the Proposed Landmark Development including latest master development plan, the project cost and the development timeline will be disclosed to shareholders on 26 July 2016, the date of the annual general meeting of the Company.
ON BEHALF OF THE BOARD
Melvyn Pun
Chief Executive Officer 12 July 2016


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Charlie2310
Senior
13-Jul-2016 20:37     
 
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Yes, and if you take a look at the volume, very irregular. 

time to move on to next counter-genting sp

Toyota86      ( Date: 13-Jul-2016 09:44) Posted:



Now, it' s great that the price has finally moved up. Question is, at what point is it right to sell?

The last time it breached .600, it hit .620 then started tumbling down immediately after, and I sold it after it tumbled. I' m worried that this might happen again. Yet I' m also worried that if I sell at ~.600 I will lose out on much more.

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Atom99
Master
13-Jul-2016 12:49     
 
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Tuesday, 12 July 2016 6:55 PM ET

By Randolf Santos

Mitsubishi Estate Co. Ltd. and Mitsubishi Corp. committed to invest up to around US$200 million in a mixed-use project in downtown Yangon, Myanmar.

The plan involves the redevelopment of an estimated four-hectare site, which houses an office building, commercial facilities and a hotel, among other properties.

In partnership with Yoma Strategic Holdings Ltd. and First Myanmar Investment Co. Ltd., the reconstruction will include two office buildings, a condominium and a hotel-serviced residence building with commercial components across more than 200,000 square meters of total floor area.

Mitsubishi Estate said that it and Mitsubishi Corp. will create a partnership to implement the project via a joint venture established in Singapore.

Work on the Yangon project will begin before the end of fiscal 2016, while its completion is expected prior to the end of fiscal 2020.

Atom99      ( Date: 12-Jul-2016 08:53) Posted:

Posted: 12-Jul-2016 08:45
x 0
x 0

INTERESTED PERSON TRANSACTION ? PROPOSED LANDMARK DEVELOPMENT
Reference is made to the circular issued by Yoma Strategic Holdings Ltd. (the ?Company? and together with its subsidiaries, the ?Group?) on 22 December 2014 (the ?Circular?) and the announcement dated 4 January 2016 (the ?Announcement?), in relation to the Proposed Landmark Development.
Unless otherwise defined, all terms used herein shall be as defined in the Circular and the Announcement.
PROPOSED JOINT VENTURE
1. Further to the announcements on 1 October 2013 and 20 December 2013, the Board of Directors (the ?Board?) is pleased to announce that the Company and its wholly-owned subsidiary, Yoma Strategic Investments Limited (?YSIL?), have entered into a definitive shareholders? agreement (the ?Shareholders? Agreement?) on 12 July 2016 with amongst others, First Myanmar Investment Company Limited (?FMI?), Mitsubishi Corporation, Mitsubishi Estate Co., Ltd (collectively, the ?Mitsubishi Companies?) and the International Finance Corporation (?IFC?) in relation to the redevelopment of the Landmark Development1 excluding the redevelopment of the former headquarters of the Burma Railway Company into ?The Peninsula Yangon? (the ?Proposed Landmark Development?).
2. The Shareholders? Agreement is subject to a number of conditions precedent (the ?Conditions?) including but not limited to, the entry into the form of adherence whereby the Asian Development Bank (?ADB?) shall become a party to the Shareholders? Agreement, the receipt of the approval from the Myanmar Investment Commission for the incorporation of the joint venture entity to undertake the Proposed Landmark Development (to be known as ?Meeyahta Development Limited?) and certain prescribed documents2 being in agreed form and executed...

The Board wishes to inform shareholders that further information on the Proposed Landmark Development including latest master development plan, the project cost and the development timeline will be disclosed to shareholders on 26 July 2016, the date of the annual general meeting of the Company.
ON BEHALF OF THE BOARD
Melvyn Pun
Chief Executive Officer 12 July 2016


Atom99      ( Date: 12-Jul-2016 08:45) Posted:



INTERESTED PERSON TRANSACTION ? PROPOSED LANDMARK DEVELOPMENT
Reference is made to the circular issued by Yoma Strategic Holdings Ltd. (the ?Company? and together with its subsidiaries, the ?Group?) on 22 December 2014 (the ?Circular?) and the announcement dated 4 January 2016 (the ?Announcement?), in relation to the Proposed Landmark Development.
Unless otherwise defined, all terms used herein shall be as defined in the Circular and the Announcement.
PROPOSED JOINT VENTURE
1. Further to the announcements on 1 October 2013 and 20 December 2013, the Board of Directors (the ?Board?) is pleased to announce that the Company and its wholly-owned subsidiary, Yoma Strategic Investments Limited (?YSIL?), have entered into a definitive shareholders? agreement (the ?Shareholders? Agreement?) on 12 July 2016 with amongst others, First Myanmar Investment Company Limited (?FMI?), Mitsubishi Corporation, Mitsubishi Estate Co., Ltd (collectively, the ?Mitsubishi Companies?) and the International Finance Corporation (?IFC?) in relation to the redevelopment of the Landmark Development1 excluding the redevelopment of the former headquarters of the Burma Railway Company into ?The Peninsula Yangon? (the ?Proposed Landmark Development?).
2. The Shareholders? Agreement is subject to a number of conditions precedent (the ?Conditions?) including but not limited to, the entry into the form of adherence whereby the Asian Development Bank (?ADB?) shall become a party to the Shareholders? Agreement, the receipt of the approval from the Myanmar Investment Commission for the incorporation of the joint venture entity to undertake the Proposed Landmark Development (to be known as ?Meeyahta Development Limited?) and certain prescribed documents2 being in agreed form and executed.


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Toyota86
Member
13-Jul-2016 11:20     
 
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Thanks for the advice. I sold it away already, due to FOMO (fear of missing out). Had to cover back some small loss I made on this before.

Will buy again if the price goes down in future.

soelinnksl      ( Date: 13-Jul-2016 10:15) Posted:



Buy as many as you can and hole unitl 2020 and you will see regular profit. Yoma is not for day trading or just buy at low price and sell at high price. 

Toyota86      ( Date: 13-Jul-2016 09:44) Posted:



Now, it' s great that the price has finally moved up. Question is, at what point is it right to sell?

The last time it breached .600, it hit .620 then started tumbling down immediately after, and I sold it after it tumbled. I' m worried that this might happen again. Yet I' m also worried that if I sell at ~.600 I will lose out on much more.


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soelinnksl
Member
13-Jul-2016 10:15     
 
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Buy as many as you can and hole unitl 2020 and you will see regular profit. Yoma is not for day trading or just buy at low price and sell at high price. 

Toyota86      ( Date: 13-Jul-2016 09:44) Posted:



Now, it' s great that the price has finally moved up. Question is, at what point is it right to sell?

The last time it breached .600, it hit .620 then started tumbling down immediately after, and I sold it after it tumbled. I' m worried that this might happen again. Yet I' m also worried that if I sell at ~.600 I will lose out on much more.

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Toyota86
Member
13-Jul-2016 09:44     
 
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Now, it' s great that the price has finally moved up. Question is, at what point is it right to sell?

The last time it breached .600, it hit .620 then started tumbling down immediately after, and I sold it after it tumbled. I' m worried that this might happen again. Yet I' m also worried that if I sell at ~.600 I will lose out on much more.
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1BIG2SMALL
Member
12-Jul-2016 22:03     
 
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 Alert Admin 		There is no such thing as wasted. Once sold and money in the pocket u r consider a winner....I made the same mistake again and again. We retail player need to buy and sell like professional. Need to know when to take profit and cut loss.
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Trexxx
Veteran
12-Jul-2016 18:34     
 
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buy on next correction

Charlie2310      ( Date: 12-Jul-2016 18:14) Posted:



Sold at 595.  Wasted.  I thought it won' t break 60.  Haha

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Charlie2310
Senior
12-Jul-2016 18:14     
 
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Sold at 595.  Wasted.  I thought it won' t break 60.  Haha
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Trexxx
Veteran
12-Jul-2016 16:29     
 
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nice. lets huat together charlie. vested hahahah.

Charlie2310      ( Date: 11-Jul-2016 18:14) Posted:



Another day of consolidation. 

Poised for a breakout.  Remember, the longer the consolidation, the stronger the breakout.  :P

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Atom99
Master
12-Jul-2016 08:53     
 
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Yells: "Once you hv eliminated the impossible,whatever remains TRUTH"
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 Alert Admin 		Posted: 12-Jul-2016 08:45
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INTERESTED PERSON TRANSACTION ? PROPOSED LANDMARK DEVELOPMENT
Reference is made to the circular issued by Yoma Strategic Holdings Ltd. (the ?Company? and together with its subsidiaries, the ?Group?) on 22 December 2014 (the ?Circular?) and the announcement dated 4 January 2016 (the ?Announcement?), in relation to the Proposed Landmark Development.
Unless otherwise defined, all terms used herein shall be as defined in the Circular and the Announcement.
PROPOSED JOINT VENTURE
1. Further to the announcements on 1 October 2013 and 20 December 2013, the Board of Directors (the ?Board?) is pleased to announce that the Company and its wholly-owned subsidiary, Yoma Strategic Investments Limited (?YSIL?), have entered into a definitive shareholders? agreement (the ?Shareholders? Agreement?) on 12 July 2016 with amongst others, First Myanmar Investment Company Limited (?FMI?), Mitsubishi Corporation, Mitsubishi Estate Co., Ltd (collectively, the ?Mitsubishi Companies?) and the International Finance Corporation (?IFC?) in relation to the redevelopment of the Landmark Development1 excluding the redevelopment of the former headquarters of the Burma Railway Company into ?The Peninsula Yangon? (the ?Proposed Landmark Development?).
2. The Shareholders? Agreement is subject to a number of conditions precedent (the ?Conditions?) including but not limited to, the entry into the form of adherence whereby the Asian Development Bank (?ADB?) shall become a party to the Shareholders? Agreement, the receipt of the approval from the Myanmar Investment Commission for the incorporation of the joint venture entity to undertake the Proposed Landmark Development (to be known as ?Meeyahta Development Limited?) and certain prescribed documents2 being in agreed form and executed...

The Board wishes to inform shareholders that further information on the Proposed Landmark Development including latest master development plan, the project cost and the development timeline will be disclosed to shareholders on 26 July 2016, the date of the annual general meeting of the Company.
ON BEHALF OF THE BOARD
Melvyn Pun
Chief Executive Officer 12 July 2016


Atom99      ( Date: 12-Jul-2016 08:45) Posted:



INTERESTED PERSON TRANSACTION ? PROPOSED LANDMARK DEVELOPMENT
Reference is made to the circular issued by Yoma Strategic Holdings Ltd. (the ?Company? and together with its subsidiaries, the ?Group?) on 22 December 2014 (the ?Circular?) and the announcement dated 4 January 2016 (the ?Announcement?), in relation to the Proposed Landmark Development.
Unless otherwise defined, all terms used herein shall be as defined in the Circular and the Announcement.
PROPOSED JOINT VENTURE
1. Further to the announcements on 1 October 2013 and 20 December 2013, the Board of Directors (the ?Board?) is pleased to announce that the Company and its wholly-owned subsidiary, Yoma Strategic Investments Limited (?YSIL?), have entered into a definitive shareholders? agreement (the ?Shareholders? Agreement?) on 12 July 2016 with amongst others, First Myanmar Investment Company Limited (?FMI?), Mitsubishi Corporation, Mitsubishi Estate Co., Ltd (collectively, the ?Mitsubishi Companies?) and the International Finance Corporation (?IFC?) in relation to the redevelopment of the Landmark Development1 excluding the redevelopment of the former headquarters of the Burma Railway Company into ?The Peninsula Yangon? (the ?Proposed Landmark Development?).
2. The Shareholders? Agreement is subject to a number of conditions precedent (the ?Conditions?) including but not limited to, the entry into the form of adherence whereby the Asian Development Bank (?ADB?) shall become a party to the Shareholders? Agreement, the receipt of the approval from the Myanmar Investment Commission for the incorporation of the joint venture entity to undertake the Proposed Landmark Development (to be known as ?Meeyahta Development Limited?) and certain prescribed documents2 being in agreed form and executed.


Charlie2310      ( Date: 11-Jul-2016 18:14) Posted:



Another day of consolidation. 

Poised for a breakout.  Remember, the longer the consolidation, the stronger the breakout.  :P


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Atom99
Master
12-Jul-2016 08:45     
 
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INTERESTED PERSON TRANSACTION ? PROPOSED LANDMARK DEVELOPMENT
Reference is made to the circular issued by Yoma Strategic Holdings Ltd. (the ?Company? and together with its subsidiaries, the ?Group?) on 22 December 2014 (the ?Circular?) and the announcement dated 4 January 2016 (the ?Announcement?), in relation to the Proposed Landmark Development.
Unless otherwise defined, all terms used herein shall be as defined in the Circular and the Announcement.
PROPOSED JOINT VENTURE
1. Further to the announcements on 1 October 2013 and 20 December 2013, the Board of Directors (the ?Board?) is pleased to announce that the Company and its wholly-owned subsidiary, Yoma Strategic Investments Limited (?YSIL?), have entered into a definitive shareholders? agreement (the ?Shareholders? Agreement?) on 12 July 2016 with amongst others, First Myanmar Investment Company Limited (?FMI?), Mitsubishi Corporation, Mitsubishi Estate Co., Ltd (collectively, the ?Mitsubishi Companies?) and the International Finance Corporation (?IFC?) in relation to the redevelopment of the Landmark Development1 excluding the redevelopment of the former headquarters of the Burma Railway Company into ?The Peninsula Yangon? (the ?Proposed Landmark Development?).
2. The Shareholders? Agreement is subject to a number of conditions precedent (the ?Conditions?) including but not limited to, the entry into the form of adherence whereby the Asian Development Bank (?ADB?) shall become a party to the Shareholders? Agreement, the receipt of the approval from the Myanmar Investment Commission for the incorporation of the joint venture entity to undertake the Proposed Landmark Development (to be known as ?Meeyahta Development Limited?) and certain prescribed documents2 being in agreed form and executed.


Charlie2310      ( Date: 11-Jul-2016 18:14) Posted:



Another day of consolidation. 

Poised for a breakout.  Remember, the longer the consolidation, the stronger the breakout.  :P

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Charlie2310
Senior
11-Jul-2016 18:14     
 
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Another day of consolidation. 

Poised for a breakout.  Remember, the longer the consolidation, the stronger the breakout.  :P
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