Hey guys,


I know this may sounds funny when people around you talking about getting Car AP (Approved Permit). For some reason, there is a high chance I might be able to obtain it, and the question here is, I was in the finance/banking/property/accounting background and know no shit about car industry business, does anyone here managed a business like this before? Anything I need to be aware of?


In addition, I have gone thru all the MITI guideline requirements, and also have ''nego'' with the partners. My partner is 100% Bumiputera and Im a chinese

We are using our own land and capital, this part should be no problem for us




Yes, fully trust only, well we have abnormal relationship between us, been decades



Sort of, not my part of show

How much is the profit margin at current market condition? I know from selling car itself is not that much profitable, but we are adding some lines into this business too.


From what I heard, the big boys are also doing third party loan (In-House Loan) with legit license (18%p.a Max)

This post has been edited by junz95: Jun 30 2022, 06:58 PM

From my point of view, although they have the license and etc, business will run by my side from A-Z, so its like give and take, what do you think?


Noted with thanks, will read it through later

Yes we are doing direct import, ofcourse with AP

With a 8% margin is very attractive, also, we are thinking other lines to drive up the %

This post has been edited by junz95: Jul 1 2022, 01:17 AM