KUCHING: DNC Asiatic Holdings Sdn Bhd will invest RM60mil in a new plant in Demak Laut Industrial Park, Kuching, to manufacture engines and chassis for its Demak-brand motorcycles.
The company's chairman Datuk Dr Wan Junaidi Tuanku Jaafar said this would increase the local content of Demak motorbikes to at least 70%, up from the present 35%.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!