In this I will try to summarize what I know from published documents and press statements only. I will start by saying I do not have inside information or knowledge of any investor or a vested interest beyond the great enjoyment of the MZ brand and motorcyle in all its forms.
1. Hong leong appear to have entered an agreement to sell in august of 2007 and have taken a hit of 54 million ringgits (16 million us dollars) 8 million pounds.
From the hong leong industies annual report for 2007
MZ motorcycle and Zweiradwerk
GmbH had, on 21 August 2007, entered into an agreement with Ltd. had, on 21 August 2007, entered into an agreement with
MZ Motorrad- und Zweiradwerk Inc. Niederlassung Zschopau MZ motorcycle and Zweiradwerk Inc. Zschopau
(“Buyer”) to dispose of all of its assets (other than its land and ( "Buyer") to dispose of all of its assets (other than its land and
building) and certain of its liabilities to the Buyer (“Proposed Building) and certain of its liabilities to the buyer ( "Proposed
Disposal”). Disposal "). Upon completion of the Proposed Disposal, MZ Upon completion of the Proposed Disposal, MZ
Motorrad Sdn Bhd will continue its operation under a licensing Motor Sdn Bhd will continue its operation under a licensing
agreement with the Buyer. Agreement with the Buyer. Consequent to this impending Consequent to this impending
change, the Group has taken an impairment of RM54.4 million Change, the Group has taken an impairment of RM54.4 million
on MZ’s assets, and the Group does not expect any further On MZ's assets, and the Group does not expect any further
losses in its investment in MZ operation. Losses in its investment in MZ operation.
link:
Http://announcements.bursamalaysia.com/ ... 7002e5502/ $ FILE/HLIND-AnnualReport2007% 20 (2.1MB). Pdf
page 14 you may have to fiddle with the link or search the malaysia bourse site for the report but it is there and published
Secondly
A company has appeared listed in florida with the name and address of MZ in germany in september 2007
Link:
http://www.sunbiz.org/scripts/cordet.ex ... ling_type=The names apparently known MZ employees as directors and has a stated capital of 45000 us dollars
Third
In feb 2008 a report came out in
http://www.kfzbetrieb.de/news/kb_beitrag_5753617.html that states MZ is still 100% owned by Hong leong (translation follows) blame google
This message was MZ, for the first time in a long time a sign of life. Im vergangenen Jahr waren Spekulationen über eine mögliche Übernahme des Traditionsherstellers durch Investoren aufgekommen und von MZ-Seite unkommentiert geblieben. In the past year, speculation about a possible takeover of the traditional manufacturer by investors arisen and MZ-page uncommented remained. Im Gespräch mit der Fachzeitschrift »bike und business« sagte Vertriebsleiter Bodo Lingath nun, dass es keine Änderung der Besitzverhältnisse gegeben hat. In an interview with the trade journal "bike and business" said sales manager Bodo Lingath now that there is no change in ownership has been made. Nach wie vor sei das Werk eine 100-Prozent-Tochter des malaysischen Mischkonzerns Hong Leong. Still, the work is a 100-percent subsidiary of the Malaysian conglomerate Hong Leong.
Nach dem letzten Personalabbau Ende 2006 arbeiten noch etwa 50 Mitarbeiter im Hohndorfer Werk. After the recent staff reductions at the end of 2006 to work for about 50 employees in Hohndorfer work. Dieses schreibt laut Bodo Lingath allerdings seit Mitte 2007 schwarze Zahlen im operativen Geschäft. This requires, according to Bodo Lingath but since mid-2007 black figures in business operations. MZ unterhält keine eigene Entwicklungsabteilung mehr, deshalb arbeitet ein externer Dienstleister derzeit daran, die 1000er-Baureihe nach der Abgasnorm Euro 3 zu zertifizieren. MZ has no own development department more, therefore, an external service provider on making the 1000 series after the Euro 3 emission standards to be certified. Die erfolgreiche 125er-Modellpalette hat diesen Schritt bereits absolviert. The successful 125 model range has already completed this step.
If people choose to jump to conclusions they should only do so armed with some facts
dennis