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Megatech (Indonesian company)

Megatech
Joint-owned corporation
Fate N/A
Founded N/A
Defunct N/A
Headquarters Indonesia (registered in Bermuda)
Key people
Hutomo Mandala Putra
Products Supercar development

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.

In 1994 it purchased the Lamborghini brand for $40 million. 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 Weigert.


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Wikipedia

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