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Arun Plus forms new JV with Taiwan-based e-motorbike maker KYMCO; targeting Thai/ASEAN markets
Announced on August 16, 2023, PTT PLC’s wholly-owned subsidiary Arun Plus Co., Ltd. has entered into a joint venture agreement with a Taiwan-based electric motorbike maker Kwang Yang Motor Co., Ltd. (KYMCO) and its subsidiary KYMCO Capital Private Equity Management Co., Ltd. (KC), to establish “Aionex Co., Ltd.”
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