Etika Automotive Sdn Bhd

Proton s in house automotive financier proton commerce sdn bhd pcsb is expecting the hire purchase hp market for cars to continue to grow during the final quarter of 2020.

Etika automotive sdn bhd. Company profile page for etika automotive sdn bhd including stock price company news press releases executives board members and contact information. As far as the valuation of the group is concerned based on valuations at time of acquisitions the consolidated group is valued at a minimum of rm2 billion said selvarajah. Discover our latest campaigns and be rewarded with amazing prizes. Is a company registered with suruhanjaya syarikat malaysia and and is issued with the registration number 1190929 x for its business operation.

The announcement comes on the back of the acquisition of etika international holdings for a reported rm1 1 billion in 2014 and permanis sandilands sdn bhd in 2011 for a reported rm820 million. Geely officially aquires 49 9 stake in proton. Etika operates as a sole manufacturer and distributor of pepsico beverages brands which include pepsi miranda lipton and gatorade. Etika sdn bhd is headquartered in malaysia.

The remaining 49 stake will be sold to etika automotive a subsidiary of etika strategy which is owned by tan sri syed mokhtar al bukhary who happens to control drb hicom. Etika automotive sdn bhd. In support of wwf malaysia goodday milk would like to bring awareness among malaysians towards the plight of borneon orangutans. Etika holdings have established distribution network across malaysia with over 40 000 direct customers.

Drb hicom bhd is exiting the sports car segment with its sale of lotus advance technologies sdn bhd to zhejiang geely holding group co ltd which will take a controlling 51 stake and etika automotive sdn bhd which will buy the remaining 49 stake the bid submissions for lotus were lower than the 100 million rm556 04 million we got from geely and etika so we got a. June 25 2017 june 25 2017 naveen victor leave a comment on geely officially aquires 49 9 stake in proton.