LVMC holdings

2024

Establishment of Udee, a distribution business corporation in Laos

Signed a master franchise agreement (Emart, No Brand) with Emart Inc.
2023

Signed a strategic partnership(MOU) with Electricite du Laos(EDL)

Signed a Definitive Agreement with Ministry of Planning and Investment(MPI)

LDK Pharma Factory Company established as a joint venture with DongKoo Bio&Pharma Co.,Ltd.

Lao Smart Mobility Company established as a joint venture with Coconut Silo

Launched Kok Kok Mart

Launched 'Geely', a enw CKD car brand

Successful capital increase (General public offering after shareholder allocation)
2022

Signed a strategic partnership(MOU) with Ministry of Planning and Investment(MPI)

Signed a strategic partnership(MOU) with Ministry of Tech
2021

Kolao Development was selected as an excellent taxpayer in Laos.

Indochina Bank conversion of debentures.

Incorporated Vietnam Daehan Motors as a consolidated subsidiary

Launched 'Foton Motor', a enw CKD car brand
2020

Successful capital increase (General public offering after shareholder allocation)

Business promotion of Southeast Asia O2O

2019 - 2010
: Gets listed on Korean Stock Exchange KOSPI
(‘Kolao Holdings’: the first overseas Korean business to
be listed on KOSPI)

2019

Completion of Myanmar production plant

Launching of Vietnam mini truck (Teraco 100)

Signed a strategic partnership (MOU) with Sinotruck.
2018

Kolao Holdings is renamed “LVMC Holdings”

DAEHAN model sales commences with the Opening Ceremony in Pakistan.

GMS Trading is established.
2017

Kolao Holdings received ‘BBB-(stable)’ rating from Thai rating agency TRIS

KB Kolao Leasing Company established as a joint venture with
KB Financial Group in Laos

Shwe Daehan Motors established in Myanmar

Jinan Qingqi KR Motorcycle established in China
2016

DGB Lao Leasing Company is established

Daehan-Dewan Motor Company is established as a joint venture with
Dewan Motor Company, the renowned Pakistan automobile company

Chongqing Kolao-Yuan R&D and Chongqing Kolao-Yuan Auto Trading
is established in China
2015

DAEHAN Motors Company is established
2014

Acquires ‘S&T Motors’, a Korean motorcycle manufacturing company
(is renamed ‘KR Motors’)

Issues 6 million SGD bonds with a guarantee from CGIF
(with “AA” global scale from S&P)

KR Motors Showroom opens and starts its sales in Cambodia
2013

Issues Global Depositary Receipts in the Singaporean market.

Launches ‘DAEHAN’, a new CKD car brand

Sales for Hyundai automobiles commence in Myanmar
2010

Gets listed on Korean Stock Exchange KOSPI
(‘Kolao Holdings’: the first overseas Korean business to be listed on KOSPI)


: Commences motorcycle business with the
in-house brand ‘KOLAO’ (currently holds over 300
dealership and franchise network nationwide)

2009

Establishes a holding company, ‘Kolao Holdings’

Financial business commences with the opening of ‘Indochina Bank’
(introduces one-stop service and automobile leasing service)
2003

Commences motorcycle business with the in-house brand ‘KOLAO’
(currently holds over 300 dealership and franchise network nationwide)
2002

First after-sales service center (for automobiles) opens in Lao PDR to
implement customer satisfaction management.
2001

Executes New Car Sales Contract with Hyundai Motor Company
2000

Executes New Car Sales Contract with Kia Motors Corporation

1999

Undertakes a factory in Savannakhet, Lao’s industrial city,
and installs car assembly lines.
1997

General Motors is established