# 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%.

- Type: Partnership
- Announced: 2017-08-29
- Where: Malaysia, Malaysia
- Status: announced
- Products: heavy equipment, construction and mining equipment
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [UMW Holdings](https://endata.com/companies/15844.md) (partner)
- [Komatsu](https://endata.com/companies/15845.md) (partner)

## Sources

- [nst.com.my](https://www.nst.com.my/business/2017/08/274310/umw-strengthening-ties-komatsu), 2017-08-29: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.