Volvo Malaysia Sdn. Bhd., (Volvo Trucks Malaysia) a reputable heavy-duty player in the automotive industry, is pleased to announce a successful asset sale to Dai Lieng Machinery Sdn. Bhd in Sarawak. This strategic move is in line with Volvo Trucks Malaysia’s commitment to enhancing customers’ experiences and reinforces its dedication to delivering exceptional value to stakeholders.
Under the agreement, Dai Lieng Machinery Sdn. Bhd. will acquire key assets from Volvo Malaysia Sdn. Bhd.’s truck business for its Kuching and Bintulu dealerships. This transaction empowers both Volvo Trucks Malaysia and Dai Lieng Machinery Sdn Bhd to work in partnership to grow its operations and deliver reliable solutions for the heavy-duty automotive industry.
Dai Lieng Machinery Sdn Bhd ,formerly known as Tai Lian Workshop Co. (May 1979 to April 1984) and established in 1979 is a Malaysian owned private limited company.
A leading company in the heavy machinery / equipment industry,Dai Lieng’s core business activities are in the sales, service, parts and other necessary after sale support of heavy equipment for construction, forestry machineries, material handling and warehousing equipment, road transport equipment, electricity generating set, other industrial equipment, machine component and spare parts, and attachments, allied fittings and equipment.
With a vision to be the most preferred professional, one-stop machineries and automotive solution provider in Malaysia, in particular, East Malaysia. Dai Lieng’s mission is toprovide diversified, value-added products, aftersales services and solutions to trucks, agricultural related machineries and heavy equipment as well as automotive market, and to maintain long term good relationship with customers and business partners by providing good service, sales and after-sales service.
“We are excited about this asset sale, which is a testament to our focus on strategic goals and innovation,” said Volvo Trucks Malaysia Managing Director, Anthony O’Connell. “By partnering with Dai Lieng Machinery Sdn. Bhd. we believe we are positioning Volvo Trucks Malaysia for even greater success in both East and West Malaysia in the future.”
“Dai Lieng is looking forward to this transition, and Volvo Trucks Malaysia’s customers in East Malaysia can be assured that we are committed to maintaining the highest standards of service that are associated with the Volvo brand,” said Dai Lieng Machinery Sdn. Bhd., Managing Director, Michael Tiong.
With this asset sale, Dai Lieng Machinery Sdn. Bhd. becomes the sole Volvo Trucks Malaysia dealer in East Malaysia with branches strategically located in Miri (headquarters), Kuching, Bintulu, Kota Kinabalu, Sandakan and Tawau. Operations will begin as Dai Lieng Machinery Sdn. Bhd. effective 2 May 2024.
