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Boon Siew Honda Sdn Bhd, a 50/50 joint venture company between Honda Motor Co., Ltd. and Oriental Holdings Bhd, began operations in September 2008 with the dual aim of consolidating motorcycle production and sales in Malaysia and to achieve higher customer satisfaction and efficiency.
Prior to the emergence of the new company, Boon Siew Sdn Bhd was responsible for wholesaling Honda motorcycle products in Malaysia and contracted the final assembly of Honda motorcycles to Kah Assemblers Sdn Bhd, a wholly-owned subsidiary of Oriental Holdings.
With the new joint-venture company, Honda obtained 50% of the outstanding shares of Kah Assemblers Sdn Bhd from Oriental Holdings, and established a 50/50 joint venture with Oriental Holdings.
Beginning January 2009, wholesale operations have been transferred from Boon Siew Sdn Bhd to consolidate production and sales operations within the new company. While envisioning collaboration with other Honda companies in the ASEAN region, the new company will strengthen its competitiveness and strive to provide products and services which exceed customer expectations.
About Boon Siew Honda Sdn Bhd
| Establishment: |
2009 |
Location:
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Penang, Malaysia |
CEO:
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Shoichi Harada |
| Capital Investment: |
RM2.5 million |
Capitalization Ratio:
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50% Honda Motor Co,. Ltd
50% Oriental Holdings Bhd |
| Business: |
Production and sales of motorcycle |
| Production Models |
EX-5 Dream, Wave 125X ULTIMO, CBR150R, icon, Wave 110, Wave 110RS, Wave Ultimo 125x |
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Wave 125X |
CBR 150R |
Click AT |
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Wave S 125 |
Wave 100 / 100R |
EX5 Dream |
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