KUCHING: DNC Asiatic Holdings Sdn Bhd, which has invested some RM10mil to develop the market for its Malaysian-made Demak motorcycles in Sri Lanka, has plans to set up manufacturing facilities there.
According to executive director Hu Ying, the company would consider setting up a manufacturing plant in Sri Lanka once the Demak brand is firmly established with sizeable market share and annual sales of at least between 25,000-30,000 units in that country.
Already a subscriber? Log in
The Star 6.6 DEAL: 35% OFF Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
