Friday, October 5, 2012

Yoma

Yoma: Chairman Serge Pun tells Investor Central that a share issuance this year is “a possibility”, but that nothing is firm. Says he has no plans to list any of his other assets in Myanmar. He wants Yoma to become a conglomerate of mkt leading businesses in important sectors. Adds, the interests of Yoma, his private co Serge Pun & Associates and Myanmar traded First Myanmar Invmt Co are “aligned”. Yoma closed +4.6% yday, in its 6th straight positive session, following the continued positive news flow coming out of Myanmar.

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