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Tokyo Century to buy fifth of Yoma Strategic auto leasing unit as it looks to expand in Myanmar

Tokyo Century Corp. will buy a fifth of Yoma Strategic Holdings Ltd.’s vehicle leasing business in a bid to expand in Myanmar and explore further collaboration with the Southeast Asian conglomerate. The Japanese leasing services firm will buy a 20 percent stake in Yoma Fleet via newly issued shares for $26.6 million, Yoma Group said […]

Yoma Strategic in partnership to enter Myanmar’s heavy equipment sector

MAINBOARD-listed Yoma Strategic said on Monday that its subsidiary Yoma Fleet is partnering up with Myan Shwe Pyi Tractors (MSP CAT), the authorised dealer of Caterpillar-branded heavy equipment in Myanmar. Yoma Fleet is an automotive and heavy equipment financing platform, and the new partnership will support MSP CAT’s retail and rental business, as well as […]

Yoma to finance MSP’s $7m heavy equipment rental

Singapore-listed Yoma Strategic announced a partnership with US Caterpillar’s Myanmar dealer to enter the heavy equipment rental sector in a bid to leverage on the upturn in the resource and construction industry. On September 24, Yoma Fleet, the automotive and heavy equipment financing subsidiary of Yoma Strategic, signed a partnership agreement with Thaketa-based Myan Shwe […]

Limited Links Sink Myanmar’s Potential

Despite its 2,000 kilometer-long coastline, reaching from Bangladesh to the west and Thailand to the east, Myanmar is home to only nine functioning ports, with the one in the commercial capital of Yangon spread across various sites and run by different owners. The ex-capital currently handles 95% of the country’s maritime trade. Annual port throughput […]