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Yoma Strategic Holdings Ltd proposes new joint venture


Wednesday, 4 Dec 2013 06:30am EST 

Yoma Strategic Holdings Ltd:Says through its subsidiary, Yoma Strategic Investment Ltd. (YSIL), entered into a new joint venture with LCT Investment Holdings Pte. Ltd. (LCT) and First Myanmar Investment Co., Ltd (FMI).Says to establish a Myanmar incorporated joint venture company to build and operate a steel mesh products manufacturing plant in Yangon.Says LCT will hold 60 percent of the Joint Venture, YSIL and FMI will each hold 20 percent of the remaining interests in the Joint Venture. 

Company Quote

0.715
-0.015 -2.05%
25 Apr 2014