Yoma to snap up YKKO for $12.6m

Conglomerate Yoma Strategic will acquire a 65 percent-stake in Myanmar restaurant chain YKKO in a deal worth US$12.6 million. YKKO – formally known as Yankin Kyay Oh Group of Companies – was founded in 1988. It has humble beginnings as a small, family-run restaurant in Yangon’s Yankin but now boasts 37 outlets in the three […]

Yoma snags franchise deal to bring Auntie Anne’s pretzels to Myanmar

YOMA Strategic Holdings on Wednesday said it has signed a franchise agreement with Focus Brands to bring the Auntie Anne’s brand of hand-rolled soft pretzels to Myanmar with the first store in Yangon to be opened in the coming months. In a joint release, the companies added that they have a “more ambitious expansion planned […]