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6 Things That Investors Should Know About Yoma Strategic Holdings Ltd’s Other Investments Business

Yoma Strategic Holdings Ltd  (SGX: Z59) is a conglomerate that focuses on Myanmar. It has business interests in a wide variety of sectors in the country, such as real estate development, agriculture, tourism, vehicle distribution, and food and beverage retail.

Given the complexity of Yoma Strategic’s business, I think it will be useful for investors to have a quick overview of the company’s businesses separately.

In earlier articles, I had gone through the ConsumerReal Estate, and Automotive & Heavy Equipment segments. In this article, I will share six points about the Other Investments segment from Yoma Strategic’s latest annual report that will help investors better understand what’s going on there:

1. The Other Investments segment has investments in the infrastructure, tourism, and agriculture sectors. Of these investments, the telecommunications towers and tourism investments are Yoma Strategic’s largest investments.

2. In the telecommunications tower business, Yoma Strategic owns a 12.5% stake in edotco, which builds and operates around 1,400 towers in Myanmar.

3. The tourism-related sector comprises the Balloons over Bagan business, a parcel of land in Bagan which is intended for a commercial and tourism related hospitality development, and Pun Hlaing Lodge which is a hotel development currently under construction. These assets were spun-off recently into Memories Group Limited (SGX: 1H4).

4. Yoma Strategic owns the rights to 100,000 acres of agricultural land in the Ayerwaddy Division of Myanmar, of which approximately 3,700 acres has been earmarked for a robusta coffee plantation.

5. Yoma Strategic has formed a 40-60 partnership with Mitsubishi Corporation to provide elevator services, and has also formed a joint venture with JALUX Inc. to upgrade and operate the Mandalay International Airport.

6. On May 2017, Yoma Strategic announced a 47.5-52.5 partnership with Norfund to build distributed generation micropower plants and mini grids to supply power to off-grid rural communities and telecommunications towers in Myanmar. Yoma Strategic said that a pilot program in the Sagaing Region was expected to be operational in the year ended 31 March 2018.

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The information provided is for general information purposes only and is not intended to be personalised investment or financial advice. Motley Fool Singapore contributor Lawrence Nga doesn’t own shares in any companies mentioned.