PT. MAX RENT INDONESIA

PT. Max Rent Indonesia is a rental company specialized in renting heavy equipment for commercial and construction. Marubeni Corporation (hereinafter, Marubeni) and Rent Corporation (hereinafter, Rent) have established a joint venture company named PT. Max Rent Indonesia in partnership with local entity PT. EXXA Capital (hereinafter, EXXA), which operates and develops businesses involving used construction machinery sales, construction machinery rentals, logistics, and automobile auctions, to provide construction and industrial machinery rental services in the Republic of Indonesia (hereinafter, Indonesia) set to be launched in December 2023. In recent years, Indonesia has continued to actively invest in infrastructure development and expand its construction market. Major industrial parks have also seen expansive growth, mainly in the Jakarta metropolitan area (Indonesias most populous metropolitan area and home to its national capital), and investment in the manufacturing indust...