INCORPORATION OF A JOINT VENTURE COMPANY

The Board of Directors of Yoma Strategic Holdings Ltd. (the "Company") wishes to

announce that the Company's wholly-owned subsidiary, Yoma Strategic Investments Ltd. ("YSIL"), has established the following joint venture company in Singapore:-

Name of company

:

Place of Incorporation

:

Issued and paid-up share

:

US$100 comprising 100 ordinary shares

capital

of US$1.00 each

Interest

:

YSIL and Amity Enterprises Limited

each holding 50% in Seagram

Principal activity

:

Investment holding company

Seagram MM ("Seagram") Singapore

HoldingsPte.

Ltd.

The Company intends to use this entity for matters in connection with the production and distribution of whisky in Myanmar. Please refer to the Company's media release dated 25 May 2018 issued on SGXNET for more information.

ON BEHALF OF THE BOARD

Melvyn Pun

Chief Executive Officer 5 November 2018

YOMA STRATEGIC HOLDINGS LTD.

Company Registration No. 196200185E

78 Shenton Way

#32-00

Singapore 079120

Tel: (65) 6223 2262

Fax: (65) 6223 1990

www.yomastrategic.com

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Yoma Strategic Holdings Ltd. published this content on 05 November 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 05 November 2018 10:22:07 UTC