Yoma Strategic Enters into Third Amendment Agreement to Acquire MM Cars Myanmar

MT Newswires
22 Apr

Yoma Strategic's (SGX:Z59) wholly-owned subsidiary, Myanmar Motors, entered into a third amendment agreement with Mitsubishi Corp. (TYO:8058) to extend the period for both parties to agree on adjustments to the purchase price of a 50% stake in MM Cars Myanmar.

Under the agreement, the parties have also agreed that Mitsubishi will have the right to buy back all or part of the sale shares if they fail to agree on the price adjustments.

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