Yoma completes first tranche of placement shares to Ayala Corp.
Yoma Strategic said Monday it has completed the placement of 332.5 million new shares to an indirect wholly owned subsidiary of Ayala Corp.
Ayala Corp.
UPDATE: Ayala Corp to take 20 percent stake in Yoma Strategic and First Myanmar Investment
Ayala Corp. will invest up to US$237.5M to take an up to 20% stake in each of Yoma Strategic and its affiliate, First Myanmar Investment (FMI), Yoma said Thursday.
Yoma to enter JV with AC Energy for Myanmar renewable energy projects
Yoma Strategic has entered a tie-up with AC Energy to develop renewable energy projects in Myanmar via Yoma Micro Power (S), the two companies Monday.