I was a bit confused about Hyundai operations in Malaysia. However, reading this article in the Star cleared up a lot of things. I also did a bit of research on my own.
Hyundai-Berjaya Corp Bhd (HBJCorp) owns Hyundai-Berjaya Sdn Bhd (HBSB), Inokom Corp Sdn Bhd (the manufacturing arm), and franchisee Hyumal Motors Sdn Bhd. SIME Darby Bhd has 51% stakes in the publicly listed HBJCorp.
Hyundai-Berjaya Sdn. Bhd., with majority share owned by Berjaya Group Berhad, was incorporated on August 3, 1991.
Hyumal Motor Sdn. Bhd. is the importer CBU Hyundai vehicles distributed by Hyundai-Berjaya Sdn. Bhd. It was incorporated on October 16, 1990, with Bumiputras as the majority shareholder and Berjaya Group Berhad with a minority stake.
Hyumal Motor Sdn. Bhd. in collaboration with Oriental Holdings Berhad, has formaed Oriental-Hyudai Sdn. Bhd, in March 2001 to carry out CKD operations and distribution. The current range of CKD models available in Malaysia are the Elantra 1.8 and the Sonata 2.0. Kah Bintang Auto Sdn Bhd. is the main dealer for Hyundai cars distributed by Oriental Hyundai.
I am sure you are thouroughly confused by the web by now. BTW, Datuk Ben Yeoh is the CEO of Hyundai Malaysia.
In South Korea, Hyundai owns the Kia brand. The funny thing is that Kia's range of vehicles is distributed in Malaysia by another company, Naza Kia Sdn Bhd (NKSB) (formerly known as Earning Link Sdn Bhd). It is a member of the Naza Group of Companies (Naza Motor Trading Sdn Bhd, which is led by Y. Bhg Tan Sri Dato' Seri SM Nasimuddin SM Amin.
Subscribe to:
Post Comments (Atom)
Popular Posts
-
Most of us know of Hertz as a reputed car rental company. However, not many are aware that Hertz also sells exceptional used cars as well. ... -
The Tata Indica Vista EVX was developed at the Tata Motors European Technical Centre (TMETC) based at Warwick University by a 230-strong tea... -
This story is a bit old but I decided to put it up anyway. Mazda Motor Corporation launched the World premiere of the new European spec Maz... -
El lunes 13 de agosto de 2013 publiqué una breve nota sobre una vieja publicidad del Fiat 1500 Gran Clase C cuando fue lanzado en el año 196... -
Wrote this much earlier but forgot to post it up. At the A1 Grand Prix series (the eighth round ) in Sentul, Indonesia, on the 12 of this mo...
-
Just last month, Tata the new owners of Jaguar and Land Rover announced that 850 workers could lose their jobs . This was following a meetin...
-
According to the Malaysian Automotive Association's (MAA) annual report, auto sales in Malaysia were down 11% in 2006 from the previous ...
-
A batch of MG Rover cars left the Longbridge plant in Birmingham today - the first time since April 2005 when MG Rover was taken over by Nan... -
I know that Jay Leno is the host of NBC television's long-running talk show " The Tonight Show ". However, I didn't know t...
-
Lord Bhattacharyya , who founded the Warwick Manufacturing Group at the University of Warwick says “How often do two such icons come up for ...
No comments:
Post a Comment