Hot stock: Yoma Strategic falls 8.8% after response to SGX queries about chairman in Myanmar junta custody
SGX has asked if Serge Pun’s presence in the capital and his meetings with authorities have any impact on Yoma’s financials, operations and businesses
SHARES of Yoma Strategic fell 8.8 per cent on Friday (Jul 19) morning, following its responses to questions from the Singapore Exchange Securities Trading (SGX-ST) about claims that its executive chairman had been held in Myanmar junta custody over alleged violations of banking regulations.
The counter was down S$0.012 to S$0.125, with 2.6 million shares having changed hands at the opening bell.
By 9.38 am, Yoma was the most actively traded counter by volume, with 25.2 million shares transacted. Its shares were down 5.8 per cent or S$0.008 at S$0.129. No married deals were recorded in early trade, ShareInvestor data showed.
