UMW and Komatsu intend to form joint venture for heavy equipment

UMW Corporation Sdn. Bhd. and Komatsu Ltd. signed a Letter of Intent to establish a joint venture company for heavy equipment distribution in Malaysia, Singapore, Myanmar, and Papua New Guinea. UMWC will hold 74% and Komatsu 26%.

“We are excited with the heightened opportunities that this proposed joint venture will bring to both organisations.”simeumw.com

• 1 source
• simeumw.comUMW STRENGTHENS RELATIONSHIP WITH KOMATSU WITH INTENTION TO ESTABLISH A JOINT VENTURE - Sime UMWbikebearAug 29, 2017

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