UMW Holdings and Komatsu to form joint venture for heavy equipment

UMW Holdings Bhd has signed a Letter of Intent with Komatsu Ltd to establish a joint venture company for heavy equipment business in Malaysia, Singapore, Myanmar and Papua New Guinea, with UMW holding 74% and Komatsu 26%.

“UMW Holdings Bhd has inked a Letter of Intent (LOI) with Japanese multinational corporation Komatsu Ltd to form a strategic partnership premised on the long standing business relationship between UMW and Komatsu.”nst.com.my

• 1 source
• nst.com.myUMW strengthening ties with KomatsuNST BusinessAug 29, 2017

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