Pecca to venture into Indonesia via 80% stake in Gemilang Maju Kencana

KUALA LUMPUR: Automotive leather upholstery maker Pecca Group Bhd will be making its physical debut in Indonesia, which is one of the biggest automotive markets in Southeast Asia.

Chief executive officer Foo Ken Nee said the company is set to have a physical footprint in Indonesia, which is selling more cars than any other Southeast Asian market, by acquiring PT Gemilang Maju Kencana (GMK), an established upholstery leather wrapping and car seat cover manufacturer.