Memories Group acquires two Myanmar hotels, island development rights for US$40.7m; posts US$1.7m Q1 loss — The Straits Times

Myanmar-based tourism firm Memories Group, in its first earnings report since its Catalist debut in January, posted on Wednesday a net loss of US$1.7 million for the three months ended June 30, widening from US$698,000 in the year-ago period. A spin-off of mainboard-listed Yoma Strategic Holdings’ tourism-related businesses, the company also announced it had acquired development […]