Myanmar-focused Yoma raises $82 million from placement

The Singapore-listed company is raising cash that may be used to fund the development of a site in central Yangon that it has agreed to acquire from its chairman.

<div style="text-align: left;"> Barack Obama arrives in Myanmar </div>

Anette Jönsson

November 20, 2012

Yoma Strategic Holdings, a Singapore-listed company focusing on real estate, agriculture and car sales in Myanmar and China, has raised S$101.2 million ($82 million) from a placement of new shares.

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