July 9, 2014 / 1:00 AM / 4 years ago

SINGAPORE PRESS-Yoma, Mitsubishi JV to enter Myanmar tyre sector-Busines Times

Property and construction group Yoma Strategic Holdings Ltd is entering the tyre business in Myanmar through a joint venture with Mitsubishi Corp.

Yoma said its 70 percent-owned subsidiary Myanmar Motors has entered into an agreement with Mitsubishi relating to their joint-venture company, First Japan Tire Services Co Ltd (FJTS). The joint venture will provide sales support for Bridgestone tyres in Myanmar. (bit.ly/TRnw2I)

For a company statement, click:

NOTE: Reuters has not verified this story and does not vouch for its accuracy. (Compiled by Anshuman Daga)

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