Yoma Incorporates Yangon Auto Subsidiary

Singapore-based Yoma Strategic Holdings Ltd said it has incorporated a new automobile subsidiary in Yangon. The new company, Yoma German Motors Limited, will sell and service Volkswagen passenger cars in Myanmar, the Myanmar focused company, owned by tycoon Serge Pun, said in a stock exchange filing in Singapore. The paid up capital for the new […]

Volkswagen service centre ready to open in Yangon

Volkswagen will open a service centre in Yangon this month through an agreement with Singapore-listed Yoma Strategic Holdings announced last week. The joint service deal was reached with Volkswagen through Yoma’s majority-held subsidiary German Cars Industry Company (GCI), according to a Yoma press release issued October 23. Set to commence before the end of the […]