Dipo Group established an e-commerce joint venture in the spare parts
JAKARTA - PT Putra Mandiri Jembar Tbk (PMJS), the Dipo Group is expanding its cooperation with Mitsubishi Corporation by establishing PT Suku Cadang Oto Sejahtera (SCO), a trading company in the field of automotive parts.
As quoted from the company's disclosure on Monday (3/16), Ie Putra, Director of PT Putra Mandiri Jembar Tbk (PMJS) said the total investment in the company was Rp 100 billion. "The composition of shareholders namely Mitsubishi Corporation is 66% and companies are 34%," he said.
The source of investment funds comes from the company's internal cash. The company formed will be engaged in the spares e-commerce platform. Therefore, the presence of this subsidiary is expected to increase sales and company revenue. (LK)