EuroSports Global unit Scorpio Electric signs MOU with Malaysia’s PEKEMA on electric motorcycle manufacturing project

Reuters

Mar 12

EuroSports Global unit Scorpio Electric signs MOU with Malaysia’s PEKEMA on electric motorcycle manufacturing project

EuroSports Global said its subsidiary Scorpio Electric entered a non-binding memorandum of understanding with PEKEMA for a potential collaboration. PEKEMA is to act as facilitator for a proposed electric motorcycle manufacturing project, while Scorpio Electric is to provide EV technology and testing support. The parties granted an exclusivity period for PEKEMA to conduct due diligence and for both sides to negotiate definitive agreements. The memorandum is valid for six months from signing.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. EuroSports Global Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: B1MR0Q2RR7866GTF) on March 12, 2026, and is solely responsible for the information contained therein.

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