Australia's Vmoto gains as Tora Energy invests in Thailand unit
04/06/2026 01:49
BUZZ-Australia's Vmoto gains as Tora Energy invests in Thailand unit ** Shares of Australia's Vmoto VMT.AX rise as much as 4.2% to A$0.125, their highest point since May 29
** The two-wheeler EV maker says it has entered an agreement for Thai EV distributor Tora Energy to invest up to 77.8 million baht ($2.38 million) to own 49% of company's unit Vmoto Thailand
** Vmoto Thailand will import and distribute electric two-wheeler vehicles in Thailand
** VMT stock up 70.1%, YTD
($1 = 32.6900 baht)
(Reporting by Keshav Singh Chundawat in Bengaluru)
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