MMAG's logistics arm joins collaboration on entrepreneur commercial vehicle programme

KUALA LUMPUR: An indirect subsidiary of MMAG Bhd has inked a memorandum of collaboration (MoC) with Mpire Global Bhd, JAC Auto ( Malaysia) Sdn Bhd and Cheongfuli (Malaysia) Sdn Bhd in relation to an entrepreneur programme for commercial vehicle ownership.

In a filing with Bursa Malaysia, the group said its logistics arm, Line Clear Express Sdn Bhd, intends to collaborate on the project to establish a structured programme that empowers drivers and entrepreneurs with ownership of commercial vehicles.

The project will also provide accessible financing and leasing options through strategic partnerships, promote economic development by expanding transport service capacity and strengthen collaboration among industry stakeholders for sustainable growth.

MMAG said the MoC has the potential to support Line Clear’s asset-light strategy by expanding its fleet and service capacity while improving operational efficiency. 

"The collaboration will integrate vehicle supply, financing, and logistics solutions, empowering local

entrepreneurs and strengthening Line Clear’s position in the market. 

"This initiative aligns with Line Clear’s growth strategy and contributes positively to sustainable development and long-term value," it said.