YSH, Sumitomo to distribute Hino brand vehicles in Myanmar

YANGON—Singapore-listed Yoma Strategic Holdings (YSH) and Japan’s Sumitomo Corporation have entered into a proposed joint venture to distribute and service Hino brand trucks and buses in Myanmar. The joint venture, subject to approval by relevant authorities, is expected to be 60-percent owned by Sumitomo Corporation, 20-percent by Elite Matrix, a wholly-owned subsidiary of YSH, and […]