Yoma reported Thursday its fiscal 2Q swung to a net loss of US$43.33M from a year-earlier net profit of US$29.88M as property development revenue dropped.
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.
These are Singapore companies which may be in focus on Monday, 11 November 2019: Keppel, CapitaLand, Venture, Far East Orchard, Yoma and Nordic.
Yoma Strategic said Friday it plans to divest its remaining telecom tower investment and acquire an additional 10 percent stake in Wave Money.
Yoma Strategic warned Friday it expects to post an overall loss for the fiscal 2Q ended 30 September due to efforts to sell its investment in a China mall.
These are companies which may be in focus in Singapore on Monday, 14 October 2019: UOB, Lendlease Global Commercial REIT, Temasek, Keppel and Synagie.
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.
These are Singapore companies which may be in focus on Thursday, 22 August 2019: Keppel, Soilbuild REIT, OCBC, Singtel, Yangzijiang and Creative Technology.
These are Singapore companies which may be in focus on Wednesday, 21 August 2019: Singtel, Frasers Logistics, Venture, Eagle Hospitality Trust and Spackman.
These are Singapore companies which may be in focus on Wednesday, 24 July 2019: Mapletree Industrial Trust, Frasers Centrepoint Trust, Sembcorp and Venture.
Yoma Strategic reported Wednesday its fiscal 1Q net loss widened to US$13.33 million, from US$5.64 million in the year-ago period.
These are Singapore companies which may be in focus on Monday, 15 July 2019: Wilmar, Singapore Press Holdings, Cordlife and Maxi-Cash.