Industries (KHI) is the technology partner
of MODENAS. Equity is shared by four parties
(19%) and SOJITZ
(Formerly Nissho Iwai
Corporation, Japan) (11%).
With an investment of RM100 million, the MODENAS project was one of the fastest completed projects in the DRB-HICOM stable of companies. Building construction and infrastructure were completed in May 1996, within 9 months of the ground-breaking ceremony in August 1995. In June 1996, the first pilot unit rolled off the assembly facility.
The first 100 units of MODENAS motorcycles were then paraded in the 1996 Merdeka Day celebrations and the sales of MODENAS Kriss, the 4-stroke, 110 cc moped began in November 1996. Hardly one year after sales commenced in the domestic market, MODENAS launched its product in the international market on October 17, 1997.
MODENAS' achievements, from the first day the idea was mooted until the day the first model was introduced to the local market and then to the international market, were achieved through the sheer dedication and hard work of the management team and all the staff of MODENAS.
MODENAS motorcycles are distributed by its wholly-owned subsidiary, EDARAN MODENAS SDN. BHD. (EMOS).