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Yoma to take 34% stake in mobile payment provider Wave Money in new financial services move

SINGAPORE – Yoma Strategic Holdings on Tuesday announced plans to acquire a 34 per cent stake in Digital Money Myanmar Co, Ltd (Wave Money) from First Myanmar Investment Company Limited (FMI) for US$19.4 million. The mainboard-listed company said the acquisition will spearhead its expansion into the financial services sector that will target the underserved markets […]

YSH’s real estate head upbeat on their Yangon landmark project

Cyrus Pun, Executive Director of Yoma Strategic Holdings Ltd, says the Yoma Central is considered one of the largest foreign direct investments in Myanmar’s real estate sector with an investment of more than US$700 million. In a recent interview with Mizzima, Mr Cyrus Pun said the landmark project is important for the real estate sector […]