Yuanta Reports

Malaysian motorcycle maker enters Cambodian market

DNC Asiatic Holdings Sdn Bhd, a Malaysian manufacturer of motorcycles, will ship 25,000 units of its Demak model to the Kingdom this year, in a deal worth $56mn. Its Cambodian partner Asian Comfort Investment Co Ltd will be the main authorized distributor in the Kingdom. Kim Chhay, owner of Kim Chhay Motorcycle in Phnom Penh, said that a lot of new brands are penetrating the local motorcycle market attracted by its fast expansion in recent years. He added that while Honda and Suzuki are still the most popular brands, many new brands are coming in from China, Taiwan, Vietnam and Malaysia. (Source: Khmer Times)

Coporate News

12th January 2018


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