Limited buyers for a minority stake in Perodua

Jewel in the crown: The highly-popular new Myvi model. Perodua is one of the two home-bred auto manufacturers and it is the market leader with a 36 share based on sales.

ON paper, Med-Bumikar Mara Sdn Bhd controls a valuable block in Perusahaan Otomobil Kedua Sdn Bhd (Perodua), which is Malaysia’s dominant automotive group.

However, in reality, it would be difficult for the privately owned Med-Bumikar Mara to realise its investments in Perodua.