Yoma Strategic Holdings will soon be distributing cars manufactured by Japanese auto giant Mitsubishi in Myanmar.
The company announced that its wholly-owned subsidiary, Yoma Nominee Limited has established a new 50-50 joint venture company, MM Cars Myanmar Limited (MMCM) with Mitsubishi Corporation.
MMCM will serve as the official distributor of cars from Mitsubishi Motors Corporation and will be responsible for the wholesale distribution, retail sales, after-sales services, and maintenance services of motor vehicles and spare parts manufactured by Mitsubishi Motors.
In 2013, Yoma Strategic has been operating the two Mitsubishi Motors After-Sales Service Centres that were set up in Yangon and in Mandalay.
With its establishment, MMCM will take over operations of the service centres and the first Mitsubishi Motors showroom in Yangon, which opened on Tuesday.
The showroom, which has a display area for five cars, also has a state-of-the art workshop fitted with the latest diagnostics technology which includes a dedicated tyre repair bay and a spare part store.
Yoma Strategic closed 2.3% higher at 44 cents on Tuesday.
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The company announced that its wholly-owned subsidiary, Yoma Nominee Limited has established a new 50-50 joint venture company, MM Cars Myanmar Limited (MMCM) with Mitsubishi Corporation.
MMCM will serve as the official distributor of cars from Mitsubishi Motors Corporation and will be responsible for the wholesale distribution, retail sales, after-sales services, and maintenance services of motor vehicles and spare parts manufactured by Mitsubishi Motors.
In 2013, Yoma Strategic has been operating the two Mitsubishi Motors After-Sales Service Centres that were set up in Yangon and in Mandalay.
With its establishment, MMCM will take over operations of the service centres and the first Mitsubishi Motors showroom in Yangon, which opened on Tuesday.
The showroom, which has a display area for five cars, also has a state-of-the art workshop fitted with the latest diagnostics technology which includes a dedicated tyre repair bay and a spare part store.
Yoma Strategic closed 2.3% higher at 44 cents on Tuesday.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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