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Wednesday, May 17th, 2023 at News. Pecca Group Bhd, an automotive upholstery supplier, has successfully concluded the acquisition of an 80% stake in PT Gemilang Maju Kencana (GMK), a supplier of upholstery leather wrapping and seat covers to the Indonesian automotive industry.

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Explore About Us PT. GEMILANG MAJU KENCANA was established on September 18, 2012 and is one of the companies engaged in manufacturing car accessories, Product PT. GEMILANG MAJU KENCANA was originally formed with a focus on making seat covers under the Seat Wear and KNOB brands for cars. Area Display Area to display products from PT.

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Automotive upholstery supplier Pecca Group has announced the completion of a deal to acquire an 80% stake in PT Gemilang Maju Kencana (GMK), which supplies upholstery leather wrapping and seat.

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About Gemilang Maju Kencana. Gemilang Maju Kencana (GMK) manufactures and sells car accessories. It provides upholstery leather wrapping and seat covers. The company serves the automotive industry. It was founded in 2012 and is based in Bekasi, Indonesia. In May 2023, Pecca Group acquired a majority stake in Gemilang Maju Kencana for $0.43M.

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KUALA LUMPUR: Automotive upholstery supplier Pecca Group Bhd has completed the acquisition of an 80% stake in PT Gemilang Maju Kencana (GMK). The automotive upholstery supplier said GMK is a.

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By S Birruntha - May 17, 2023 @ 8:37pm. KUALA LUMPUR: Pecca Group Bhd has completed the acquisition of an 80 per cent stake in PT Gemilang Maju Kencana (GMK), which supplies upholstery leather wrapping and seat covers to the Indonesian automotive industry.

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Home | Pecca Group. Pecca Group Berhad, the leading provider of car seat covers in Malaysia, was listed on the Main Board of Bursa Malaysia Securities Berhad on April 19th, 2016, under the Industrial Products & Services sector. Our company's in-house talent, state-of-the-art technology, and manufacturing expertise have enabled us to serve both.

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Corporate News Friday, 10 Mar 2023 5:59 PM MYT KUALA LUMPUR: Pecca Group Bhd has proposed to acquire 80% equity interest in PT Gemilang Maju Kencana (GMK) for a total purchase consideration of 6.4 billion rupiah (RM1.87mil).

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PETALING JAYA: Pecca Group Bhd has completed the acquisition of an 80% stake in PT Gemilang Maju Kencana (GMK) from PT Multi Berjaya Asindo, CSC Automotive Sdn Bhd and Tan Kim Cheang for RM1.88mil cash.

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On Oct 31, 2022, Pecca's wholly-owned subsidiary, Pecca Leather Sdn Bhd, signed a memorandum of understanding (MOU) with GMK's shareholders to acquire an 80 per cent equity interest in GMK.

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Pecca Group Berhad is looking to establish a footprint in Indonesia by acquiring an 80% stake in established upholstery leather wrapping and car seat cover manufacturer PT Gemilang Maju Kencana, the company is associated with Indonesia's MPI Group of Companies.

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KUALA LUMPUR: Pecca Group Bhd's wholly-owned subsidiary Pecca Leather Sdn Bhd (PLSB) has entered into a shares transfer agreement with various parties to acquire 80 per cent stakes in PT Gemilang Maju Kencana (GMK) for 6.4 billion rupiahs. It said that upon completion of the acquisition, PLSB would inject 2.4 billion rupiahs.

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Tentang Kami PT. GEMILANG MAJU KENCANA berdiri pada 18 September 2012 dan merupakan salah satu perusahaan yang bergerak dibidang manufaktur asesoris mobil, Produk PT. GEMILANG MAJU KENCANA pada awalnya dibentuk dengan fokus pada pembuatan seat cover dengan merek Seat Wear dan KNOB untuk mobil. Area Display Area untuk menampilkan produk dari PT.

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Pecca to buy 80% stake in PT Gemilang Maju Kencana Corporate News Monday, 31 Oct 2022 8:45 PM MYT KUALA LUMPUR: Pecca Group Bhd 's wholly-owned subsidiary, Pecca Leather Sdn Bhd, has entered into a memorandum of understanding (MOU) with various parties to buy an 80 per cent stake in PT Gemilang Maju Kencana.