Yoma Strategic : Completion Of The Acquisition Of Interests In Yankin Kyay Oh Group Of Companies Limited

COMPLETION OF THE ACQUISITION OF INTERESTS IN YANKIN KYAY OH GROUP OF COMPANIES LIMITED ("YKKO")

The board of directors (the "Board") of Yoma Strategic Holdings Ltd. (the "Company") refers to its press release dated 11 February 2019 (the "Press Release") relating to the Company's acquisition of a 65% stake in YKKO (the "Proposed Acquisition").

Further to the Press Release, the Board is pleased to announce that the Proposed Acquisition was completed on 18 March 2019. Following the completion of the Proposed Acquisition, the Company holds an effective 65% interest in the issued and paid-up share capital of YKKO through its wholly-owned subsidiaries, Yoma F&B Pte. Ltd. and Popa Myanmar Company Limited.

In connection with the completion of the Proposed Acquisition, the Board also wishes to announce that Yoma F&B Pte. Ltd. had on 18 March 2019 also completed the acquisition of 60% of the issued and paid-up share capital of YKKO Trademarks Company Limited, a private company limited by shares incorporated in the Republic of the Union of Myanmar that holds and licenses the intellectual property used in the business carried on by YKKO.

BY ORDER OF THE BOARD

Mr. Melvyn Pun

Chief Executive Officer 18 March 2019

YOMA STRATEGIC HOLDINGS LTD.

Company Registration No. 196200185E

78 Shenton Way

#32-00

Singapore 079120

Tel: [phone]

Fax: [phone]

www.yomastrategic.com