Demak Motorcycles signs USD 50 mill Cambodia deal

Demak Motorcycles signs USD 50 mill Cambodia deal

After making inroads into the Sri Lankan market a few years previously, as well as Indonesia and the Philippines, Sarawak motorcycle assembler DNC Asiatic has signed an agreement with Asian Comfort Investment to promote and sell Demak motorcycles in Cambodia. Valued at USD 50 million (RM200 million), the agreement will see some 30 models from across the Demak range entering the Cambodian market.

It is projected that 25,000 Demak motorcycles, scooters and utility vehicles of various types will be exported to Cambodia in 2018. Comprising of scooters and underbone motorcycles, as well as commercial and utility three- and four-wheelers, Demak produces products that are targeted towards the budget-conscious rider, small businesses and delivery services.

The agreement was signed between Hu Ying, executive director of DNC Asiatic, and Sukhombith, country director of Asian Comfort Investment. Witnesses to the signing ceremony were the representative of the Cambodian Ambassador to Malaysia, HE Rath Many, ICSMEE Malaysia chairman Tan Sri Abdul Rahman Mamat and director for ASEAN MATRADE YM Raja Badrul.

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Mohan K Ramanujam

Coming with diverse and extensive experience in heavy engineering, Mohan enjoys making anything with wheels go fast, especially motorcycles. His weapon of choice is the Desmoquattro engine, and he has a penchant for anything with a dash of Italian design. Strangely enough, he insists he's a slow rider.

 

Comments

  • Sidek Kamiso on Jan 10, 2018 at 6:40 pm

    Proton needs to hire Hu Ying and learn how to market their cars in overseas markets. This guy is intelligent.

    Proton need to hire more people like this guy and sack the deadwood.

    Like or Dislike: Thumb up 7 Thumb down 6
    • Borneo dude on Jan 10, 2018 at 8:19 pm

      Syabas Demak! Sarawak assembler penetrated Cambodia, Sri Lanka, Indonesia and the Philippines markets.

      Like or Dislike: Thumb up 5 Thumb down 1
    • Why P1 need to sack Dr Li Chunrong when he just came aboard with a long list of successes? Binggung.gif

      Like or Dislike: Thumb up 7 Thumb down 3
      • john is otak batu on Jan 11, 2018 at 9:13 am

        in which part mention sacking of Dr Li Chunrong? aiyaa.. chisin

        Like or Dislike: Thumb up 1 Thumb down 3
        • U mentioned getting Mr Hu Ying from head of Demak to replace head of P1. Din read? aiyaa… chisin lor.

          Like or Dislike: Thumb up 3 Thumb down 1
  • panjang on Jan 10, 2018 at 7:30 pm

    Just look at the picture…the ambience, faces in it,setup….all reflect Demak image and quality

    Like or Dislike: Thumb up 5 Thumb down 6
 

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