Yoma Strategic receives US$100m loan from ADB

The Asian Development Bank will lend Singapore-listed, Myanmar-focused Yoma Strategic Holdings US$100 million to develop infrastructure businesses inside the country. The funds will come in two tranches, with the first $50 million earmarked to fund Yoma Strategic’s cold storage, cell tower and vehicle leasing businesses. The second tranche is for subprojects in transportation, logistics, distribution […]