Sinotruk acquires 40% stake in MNC Leasing for IDR 274 billion

Shandong Heavy Industry Group's subsidiary Sinotruk signed a joint venture agreement to acquire a 40% stake in MNC Leasing for IDR 274 billion. The capital will be used for office network expansion near mining areas and to enhance capital structure.

“MNC Group will also continue to support and share significant collaborative value to Sinotruk, thus allowing them to move forward sustainably.”idnfinancials.com

• 2 sources
• idnfinancials.comShandong Heavy Industry signed JV agreement with MNC Leasing | IDNFinancialsKholid Rafsanjani, Zetta HannanyJan 23, 2024
• idnfinancials.comShandong Heavy Industry signed JV agreement with MNC Leasing | IDNFinancialsKholid Rafsanjani, Zetta HannanyJan 23, 2024

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