The club secretary general, Jonas Tiboroha confirmed the development in interview with the local online media.
The development comes hard on the heels of late last month announcement that the Brazilian would prematurely be terminated after the first round break.
However he declined to give the specifics of the deal transfer fee the two sides had agreed to facilitate the move of the 25 year-old attacking midfielder to the Asian country.
“Coutihno is a good player, but he is struggling to get playing time at Yanga, so the technical bench has okayed the club to cash on him.
“We have finalised talks with a Myanmar club, which I won’t name today, so we are waiting for the transfer fee,’ Tiboroha said.
Meanwhile, Tiboroha has not indicated anything on the current status of the player or Myanmar deal but only said the Brazilian has been let go for among other reasons for reporting late to work and loss of form.
The Brazilian himself would not be drawn to comment much on the issue or his future but said at the moment his major preoccupation was to head for his home land.
When asked by the local media if he was willing to come back to the East African country he said his door was open if other clubs in the country were interested in taking him onboard.
“I loved Tanzania, let me go home now. But I will be back if any team shows interest to recruit me,”Coutihno said.
Coutinho reportedly joined the Tanzanian soccer giants in June 2014 along with his compatriot Jaja who never returned to the East African nation after the expiry of first round break.
Meanwhile, Yanga Dutch born mentor, Hans Van De Pluijm has said that he is in the dark about reports that his club has recruited Niger striker Issoufou Boubar Garba.
Nevertheless, the Dutchman made it crystal clear that it will not be automatic for the Niger player to be absorbed in the team’s fold as he will have to first prove his worthiness.
“I am not ready to speak about the player whose ability I hardly know. I don’t have his information and I am not going to talk about him,” he said.
“I’m a professional coach with lots of experience. This is my stand; a player must prove his worth during training,” he added.