Megatech (Indonesian company)
Indonesia (registered in Bermuda)
|Hutomo Mandala Putra|
Megatech is a Bermuda-registered company that pursued the development of various supercars. It is jointly owned by Hutomo (Tommy) Mandala Putra, the youngest son of President Suharto of Indonesia, and Mycom Setdco, a Bermuda-based subsidiary of Mycom Bhd.
In 1994, MegaTech purchased the Lamborghini brand for $40 million. It then sold it to Audi AG in 1998 for $110 million. It also caused the closure of Vector Aeromotive in 1993, when the company attempted a hostile takeover at the expense of Vector founder Jerry Weigert.
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