Aapico to invest RM140mil to produce car components with Proton | TheStarTV.com

Aapico to invest RM140mil to produce car components with Proton

Published on 3 Jul 2023 10:04:05 PM

Thailand’s largest auto parts maker, Aapico Hitech PLC has partnered with Proton Holdings Bhd to produce car components in Malaysia.

The partnership will see Aapico acquiring 60 per cent of Advance Vehicle Engineering Global Sdn Bhd’s (AVEE Global) shares from Proton, as the national carmaker retains a 40 per cent stake in the company that will be renamed Aapico Avee Sdn Bhd.

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news, thailand auto parts, aapico hitech, proton, geely, automotive industry, zafrul

Thailand’s largest auto parts maker, Aapico Hitech PLC has partnered with Proton Holdings Bhd to produce car components in Malaysia.

The partnership will see Aapico acquiring 60 per cent of Advance Vehicle Engineering Global Sdn Bhd’s (AVEE Global) shares from Proton, as the national carmaker retains a 40 per cent stake in the company that will be renamed Aapico Avee Sdn Bhd.

Read more at https://rb.gy/j4mv2

WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline

Keywords:
news, thailand auto parts, aapico hitech, proton, geely, automotive industry, zafrul

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