MeGroup is a Malaysian-based car dealership and automotive parts maker. Their presence spans across the Malaysian automotive industry value chain as they are involved manufacturing and assembling, as well as sales and after-sales processes.
The company prides itself as having a large exposure in the manufacturing and assembling processes in the Malaysian automotive industry. This provides them with a deeper understanding of the supply trends in the Malaysian automotive industry and hence giving them a competitive advantage in shaping their dealership business’s strategies.
Since the implementation of the Sales and Services Tax (SST) in Malaysia, car prices were to be said to reduce. Would the implementation of SST improve the prospect of MeGroup?
Here’s a quick glance at the details of MeGroup’s IPO.
You can find the prospectus here.
1. MeGroup Profile
The company comprises 2 main business segments, which includes manufacturing of automobile components and the automobile dealership ......