TODAY

Yoma Strategic was ranked 26th in the 2014 Corporate Governance & Transparency Index out of 644 SGX-listed companies; An improvement over its 74th ranking in 2013

Singapore, 30 July 2014 – Yoma Strategic Holdings Ltd. ( “Yoma Strategic” or collectively with its subsidiaries, the “Group”) has achieved another milestone in governance and transparency. The Group was ranked in the top 5% of SGX-listed companies in the 2014 Governance & Transparency Index (“GTI™”) and is placed 26 out of the 644 SGX-listed companies that were evaluated. It was ranked 74 in 2013 and 177 in 2012.
Commenting on the achievement, Andrew Rickards, CEO of Yoma Strategic said, “It is heart-warming to know that we made a big jump in our ranking and it is a recognition of the efforts put in to constantly improve our corporate governance and transparency. Our improvement in the GTI ranking is a great encouragement to the management and staff as we grow. Responsible business practices are a core value of our Group and through Yoma Strategic’s listing on the mainboard of the Singapore Stock Exchange as well as our partnership with international organisations, our group has implemented corporate governance and other internal policies to adhere to the highest standards.”
Serge Pun, Yoma Strategic’s Executive Chairman also remarked, “Corporate governance and transparency has always been a priority for us. Given that we operate in an emerging market like Myanmar, adhering to an international standard of corporate governance is key to sustainable growth. We will strive to further improve our business practices and provide further transparency to our internal policies. We look forward to playing a role in raising the awareness and standards of responsible business practices in Myanmar.”