SHC Capital Asia lodges circular for placement of 50 mil new shares at 25 cts each — The Edge Markets

SHC Capital Asia announced on Monday night it had lodged a circular for the proposed acquisition of MM Myanmar for $69.7 million. The group will be acquiring the shares from Yoma Strategic Investments, First Myanmar Investment Company and Exemplary Ventures. The proposed acquisition will be paid by the issuance of about 265 million SHC new […]

SHC Capital to acquire MM Myanmar for S$69.7m — The Business Times

Singapore Catalyst-Listed SHC Capital Asia Ltd said it has lodged a circular with the Singapore Exchange for the proposed acquisition of MM Myanmar Pte Ltd (MM Myanmar) for S$69.7 million. SHC Capital is acquiring the shares of MM Myanmar from three vendors – a wholly-owned unit of mainboard-listed Yoma Strategic Holdings which owns 63.1 per […]

SHC Capital Asia proposes to buy MM Myanmar for $51m — Deal Street Asia

SGX-listed SHC Capital Asia Ltd, an investment holding company backed by See Hoy Chan Sdn Berhad Group has said it plans to acquire MM Myanmar Pte Ltd, for about S$69.7 million ($51 million). It will finance the acquisition by issuing 264.997 million new consolidated shares at an issue price of S$ 26.3 Singapore cents per […]