Kolao Holdings (900140)

What Kolao Holdings (900140) does

LVMC Holdings (formerly Kolao Holdings, Korea Exchange ticker 900140) is a publicly listed Korean industrial group whose operations span automobile manufacturing and assembly, multi-country vehicle and heavy-equipment distribution, aftermarket parts, and used-car trading, with primary activity concentrated in Southeast Asia. The company maintains wholly-owned regional subsidiaries in Vietnam, Myanmar, Laos, and Cambodia, plus additional presence in Korea, Thailand, Singapore, Hong Kong, and China. Its technology is centered on CKD (Completely Knocked Down) automobile assembly and multi-brand distribution rather than proprietary software, with no patents, trademarks, or certifications disclosed in the source material.

The product portfolio is organised around four streams: (i) distribution of global automobile brands, commercial trucks, and heavy equipment; (ii) in-house manufacture and assembly via CKD processes; (iii) aftermarket parts and A/S for automobiles and motorcycles; and (iv) used-car trading, including the first specialised used-car service in Lao PDR. Three in-house brands support the vehicle offering: DAEHAN (in-house CKD car brand), TERACO (Vietnam-specific channel connecting DAEHAN to market), and KR MOTORS (Korean motorcycle brand). No public pricing model exists; revenue mechanics are one-time hardware/unit transactions with limited disclosed recurring components.

The company was loss-making prior to 2019, returned to profitability that year, and reported an H1 2020 operating profit of 800 million won alongside 58.1% YoY 1Q revenue growth. Capital actions in 2020 included a 104.7%-subscribed paid-in capital increase and additional Myanmar plant construction. In October 2020 LVMC signed an MOU with Manna Corporation for a Southeast Asia O2O (online-to-offline) joint project — its first disclosed step into digital distribution channels. The senior management team has not been disclosed in the available source material.

Name

Kolao Holdings (900140)

Legal name

LVMC Holdings

Website

https://kolaoholdings.com

Company type

Public

Operating status

Operating

Headcount range

11–50 employees

Short description

LVMC Holdings (Kolao Holdings, KRX 900140) is a Korean-listed automobile manufacturer, assembler, and distributor operating across nine Southeast and East Asian markets, selling in-house brands DAEHAN, TERACO, and KR MOTORS alongside global vehicle brands.

Ownership category

akta.pro rank

Product category

Automobile Manufacturing and Distribution

NAICS

Motor Vehicle Manufacturing (3361), Motor Vehicle Parts Manufacturing (3363), Automobile and Other Motor Vehicle Merchant Wholesalers (42311), Motor Vehicle Supplies and New Parts Merchant Wholesalers (42312), Motorcycle, ATV, and All Other Motor Vehicle Dealers (441227)

SIC

Wholesale-Motor Vehicle Supplies & New Parts (5013), Motor Vehicle Parts & Accessories (3714), Motorcycles, Bicycles & Parts (3751)

akta.pro primary industry

Heavy-duty truck, trailer & commercial vehicle parts distribution (CRAOANAJ)

akta.pro secondary industry

Export & Cross-Border Fleet Resale (Compliance, Documentation) (TLABAKAJ)

Keywords

• Automobile distribution
• Vehicle manufacturing
• Commercial truck sales
• Motorcycle manufacturing
• Automotive parts sales

Headquarters

HQ city

Ho Chi Minh City

HQ country

Vietnam

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales

Revenue model

1. Automobile Distribution: Distribution of global automobile brands, commercial trucks, and heavy equipment across multiple Southeast Asian markets
2. Manufacturing and Assembly: Manufacture and assembly of automobiles for domestic and export markets
3. Parts and Accessories Sales: Sales of parts and accessories for automobiles and motorcycles
4. Used Car Trading: First specialized used car trading service in Lao PDR

Go-to-market motion1 record

Distribution channels3 records

Marketing channels1 record

Core offering

LVMC Holdings (Kolao Holdings) distributes global automobile brands, commercial trucks, and heavy equipment, and manufactures and assembles vehicles under in-house brands DAEHAN, TERACO, and KR MOTORS across Southeast Asia. Operations span CKD vehicle manufacturing in Myanmar, multi-country distribution networks in Korea, Laos, Cambodia, Myanmar, Vietnam, Thailand, Singapore, Hong Kong, and China, plus automotive parts sales and used car trading in Lao PDR.

Product overview

Kolao Holdings operates as a multi-faceted automobile and mobility company with a platform-plus-modules architecture. The core offerings include Distribution of automobiles, commercial trucks and heavy equipment; Manufacture and Assembly of automobiles through CKD processes; Parts & A/S (aftermarket parts and service); and Others including used car trading. The product portfolio is supported by three key brands: DAEHAN (in-house CKD car brand), TERACO (Vietnam distribution channel), and KR MOTORS (Korean motorcycle manufacturer). The company maintains global operations across Korea, Laos, Cambodia, Myanmar, Vietnam, Thailand, Singapore, Hong Kong, and China.

Differentiator

Problem solved

Functional benefit

Brands

• DAEHAN: In-house new CKD car brand. Making the impossible, possible!
• TERACO
• KR MOTORS

Products and services

• DAEHAN In-house new CKD (Completely Knocked Down) car brand focused on automobile manufacturing for Southeast Asian markets under the slogan "Making the impossible, possible."
• TERACO Brand channel that connects DAEHAN vehicles to the Vietnam market, strengthening the regional distribution network for the company's in-house automobiles.
• KR MOTORS Specialized Korean motorcycle manufacturer offering advanced-technology motorcycles under the in-house KR MOTORS brand.
• Distribution of Global Brands Distribution of global automobile brands, commercial trucks, and heavy equipment across multiple Southeast Asian markets through company-owned distribution networks.
• Manufacture and Assembly Manufacture and assembly of automobiles using CKD (Completely Knocked Down) processes, primarily executed at the Myanmar plant for domestic and export markets.
• Parts and After-Sales Service (Parts & A/S) Sales of parts and accessories for automobiles and motorcycles, providing aftermarket and after-sales service support across the Southeast Asian network.
• Used Car Trading The first specialized used car trading service in Lao PDR, expanding into secondary-market vehicle operations.

Quantifiable outcome

• Achieved profitability turnaround in 2019
• +1 more outcomes

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Manna CorporationcoreStrategic or Co-development Partner · 6 October 2020LVMC Holdings signed an MOU with Manna Corporation for the "Southeast Asia O2O Joint Project" in October 2020. This strategic partnership aims to develop online-to-offline business capabilities across the Southeast Asian region.

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Toyota Motor Corporation: Largest global automaker with dominant market share across Southeast Asia including Vietnam, Thailand, Indonesia, and the Philippines. Comparable as a major OEM whose vehicles are among the global brands Kolao distributes, and whose local assembly footprint defines the competitive environment in SEA.
• Suzuki Motor Corporation: Japanese automaker with dominant share in compact cars and motorcycles across Southeast Asia, including significant manufacturing in India and Indonesia. Comparable as an OEM with strong SEA distribution that competes in the same end markets as Kolao's KR MOTORS motorcycle and DAEHAN passenger car businesses.
• Kia Corporation: Korean sister OEM under Hyundai Motor Group with strong distribution and assembly presence in Southeast Asia. Comparable as a Korean-origin vehicle brand distributed across the same geographies where Kolao operates, including Vietnam and other SEA markets.
• Hyundai Motor Company: Korean-headquartered global automaker with established distribution and assembly across Southeast Asia. Comparable as a Korean OEM leveraging similar SEA markets (Vietnam, Indonesia, etc.) and Korean technology positioning, though operating at vastly larger scale with broader product portfolio.
• Mitsubishi Motors: Japanese automaker with established CKD assembly and distribution in Southeast Asia (Thailand, Indonesia, Vietnam, Philippines). Comparable as a major OEM with similar regional manufacturing-distribution model targeting the same SEA customers as Kolao's distribution business.
• Geely Automobile Holdings: Chinese automaker expanding rapidly across Southeast Asia via CKD assembly in Malaysia and other markets, and through partnerships with Proton. Comparable as an OEM pursuing similar SEA market entry strategy through CKD manufacturing and local brand channels that could compete with Kolao's in-house brands.

Regional players

• Tata Motors: Indian automaker with commercial vehicle and passenger car operations across South and Southeast Asia, including distribution in markets like Myanmar. Comparable as an emerging-market OEM with multi-country distribution and in-house brand strategy targeting similar price-sensitive customers.
• Proton (DRB-HICOM): Malaysian national automaker with regional distribution and CKD assembly operations across ASEAN. Comparable as a Southeast Asian automobile brand with similar in-house manufacturing and multi-country distribution architecture in emerging markets.

Direct peers

• VinFast: Vietnamese automobile manufacturer and distributor, building CKD/assembly operations and a multi-country distribution network in Southeast Asia. Directly comparable as a regional auto assembler-distributor with similar in-house brand strategy and focus on Vietnamese/SEA markets.
• United Motors / Inchcape (regional auto distributors): Inchcape is a global multi-brand automotive distributor with established operations across Southeast Asia including Indonesia, Singapore, and Hong Kong. Comparable as a third-party auto distributor representing global OEMs in SEA - the same business model Kolao's distribution arm pursues across its 9-country footprint.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/kolao-holdings-900140-

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Kolao Holdings (900140)