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Loncin Motor Co Ltd announces cooperation with AMINO Motorcycle


Tuesday, 31 Dec 2013 07:00pm EST 

Loncin Motor Co Ltd:Says to invest approximately $4 million in an Egypt-based company, AMINO Motorcycle, which engages in the manufacturing and sale of motorcycles, tricycles, ATV and related parts, accessories and components.Says the company to hold a 51 pct stake in AMINO Motorcycle after the investment, and AMINO Motorcycle will become a joint venture of the company, Amin and Richard Compton.Says AMINO Motorcycle to change its name into Loncin Co.,Ltd.(Egypt).