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EuroSports' EV venture not expected to generate meaningful revenue in the next 12 months: CGS-CIMB

Atiqah Mokhtar
Atiqah Mokhtar6/10/2021 4:50 PM GMT+08  • 2 min read
EuroSports' EV venture not expected to generate meaningful revenue in the next 12 months: CGS-CIMB
CGS-CIMB takes a closer look at EuroSports Global and its electric motorcycle venture in an unrated report.
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CGS-CIMB Research analyst William Tng issued an unrated report on Eurosports Global (ESG), highlighting the company’s electric motorcycles venture under subsidiary EuroSports Technologies (EST).

In the June 9 report, Tng provides a quick re-cap on ESG, noting that it is the only authorised distributor for Lamborghini and Alfa Romeo vehicles in Singapore since 2001 and 2004 respectively. The group also carries customised automobiles from Touring Superleggera.

ESG is also the exclusive distributor of the deLaCour brand of watches in Singapore, Malaysia, Indonesia, Thailand and Brunei.

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