REPL::Asset Acquisitions and Disposals::COMPLETION OF THE ACQUISITION OF 50% INTEREST IN MM CARS MYANMAR LIMITED FROM MITSUBISHI CORPORATION

Issuer & Securities

Announcement Title: Asset Acquisitions and Disposals
Date &Time of Broadcast: 22-Apr-2022 17:52:44
Status: Replacement
Announcement Sub Title: COMPLETION OF THE ACQUISITION OF 50% INTEREST IN MM CARS MYANMAR LIMITED FROM MITSUBISHI CORPORATION
Announcement Reference: SG220414OTHRJM5Y
Submitted By (Co./ Ind. Name): Melvyn Pun
Designation: Chief Executive Officer
Description (Please provide a detailed description of the event in the box below): Where capitalised terms are used in this announcement and not otherwise defined, such capitalised terms shall bear the same meanings as ascribed to them in the announcement dated 14 April 2022 (the "Announcement"), relating to the acquisition of 50% interest in MM Cars Myanmar Limited ("MM Cars") from Mitsubishi Corporation by the Company's wholly-owned subsidiary, Myanmar Motors Pte. Ltd. ("MMPL") (the "Acquisition").

The Board of Directors (the "Board") of Yoma Strategic Holdings Ltd. (the "Company" and together with its subsidiaries, the "Group") wishes to announce that the completion of the Acquisition has taken place today.

Shareholders are advised to read the announcement dated 14 April 2022 together with this announcement.

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