YOMA STRATEGIC HOLDINGS LTD. Reference is made to the announcements dated 28 January 2014, 11 March 2015, 1 April 2015 and 4 January 2016 in respect of the Proposed Hotel Development (collectively, the "Announcements") made by Yoma Strategic Holdings Ltd. (the "Company"). Unless otherwise stated, all terms are as defined in the Announcements.
The Board of Directors of the Company is pleased to inform shareholders that the commercial terms on the development of the Proposed Hotel Development and the Proposed Mixed-use Development have been finalised with the Myanmar Railways of the Ministry of Transport and Communications. In view of this, The Hongkong and Shanghai Hotels, Limited and the Company have agreed to extend the long stop date under the existing shareholders agreement to satisfy all conditions precedent to 31 December 2016.
ON BEHALF OF THE BOARD
Melvyn Pun
Chief Executive Officer 30 June 2016
YOMA STRATEGIC HOLDINGS LTD.Company Registration No. 196200185E
78 Shenton Way
#32-00
Singapore 079120
Tel: (65) 6223 2262
Fax: (65) 6223 1990
www.yomastrategic.com
Yoma Strategic Holdings Ltd. published this content on 30 June 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 30 June 2016 10:25:05 UTC.
Original documenthttp://www.yomastrategic.com/attachment/201606301817471789567235_en.pdf
Public permalinkhttp://www.publicnow.com/view/CA08705A9FC806A97A6D33BBC4F24EE81013344F
