SET-listed auto retailer Millennium Group Corporation (MGC-Asia) is no stranger to business diversification.
Established in 2000, MGC began life as a dealer for BMW Mini and BMW Motorrad under the name Millennium Auto Group, adding car rental and repair operations with a maintenance centre, followed by investments in the yacht, finance and insurance, and IT and data centre segments.
MGC teamed up with SCB X last year to establish Alpha X, a luxury car loan provider.
More recently, Chris-Craft Corporation, an American motorboat brand with a 149-year history, appointed MGC as its exclusive agent for Thailand and other Southeast Asian markets.
With four…