Megatech is a Bermuda-registered company that pursued the development of various supercars. It is jointly owned by Hutomo (Tommy) Mandala Putra, the youngest son of President Suharto of Indonesia, and Mycom Setdco, a Bermuda-based subsidiary of Mycom Bhd.[1]
In 1994, MegaTech purchased the Lamborghini brand for $40 million.[1] It then sold it to Audi AG in 1998 for $110 million. It also caused the closure of Vector Aeromotive in 1993, when the company attempted a hostile takeover at the expense of Vector founder Jerry Wiegert.[2]
megatech, indonesian, company, megatech, bermuda, registered, company, that, pursued, development, various, supercars, jointly, owned, hutomo, tommy, mandala, putra, youngest, president, suharto, indonesia, mycom, setdco, bermuda, based, subsidiary, mycom, meg. Megatech is a Bermuda registered company that pursued the development of various supercars It is jointly owned by Hutomo Tommy Mandala Putra the youngest son of President Suharto of Indonesia and Mycom Setdco a Bermuda based subsidiary of Mycom Bhd 1 MegatechCompany typeJoint ventureFounded1990sDefunct1998FateSold to Volkswagen GroupHeadquartersIndonesia registered in Bermuda Key peopleHutomo Mandala PutraProductsSupercars developmentProjected Megatech F1 engineIn 1994 MegaTech purchased the Lamborghini brand for 40 million 1 It then sold it to Audi AG in 1998 for 110 million It also caused the closure of Vector Aeromotive in 1993 when the company attempted a hostile takeover at the expense of Vector founder Jerry Wiegert 2 Models editVector M12 Vector SRV8References edit a b Jacques Neyer February 9 1994 Toy or Supercar for Asia The New York Times Retrieved 2014 03 18 Pelz James F 13 May 1994 Vector Plans to Move Car Operations to Florida Los Angeles Times No Daily Online Retrieved 7 November 2015 External links editAutomotive Company in Indonesia nbsp This Indonesian corporation or company article is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Megatech Indonesian company amp oldid 1181997478, wikipedia, wiki, book, books, library,
