UMW Holdings plans joint venture with Komatsu for heavy equipment

UMW Holdings Bhd entered into a Letter of Intent with Komatsu Ltd to establish a joint venture company for the heavy equipment business, with UMW Corp Sdn Bhd holding 74% and Komatsu 26%. The JV aims to boost sales in Malaysia, Singapore, Myanmar and Papua New Guinea.

“The market for the heavy equipment is poised for growth in sectors such as construction, mining and forestry.”theedgemalaysia.com

• 1 source
• theedgemalaysia.comUMW Holdings plans JVco with Japanese MNC KomatsuNov 5, 2026

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