BID NEWS DESK · MALAYSIA

Sapura Industrial inks Chery deal for axle systems

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SHAH ALAM: Sapura Industrial Bhd (SIB) has inked a deal with Chery Corporate Malaysia Sdn Bhd for the assembly of front and rear axle systems for selected Chery vehicles. The contract, with an estimated value of RM307mil over 4.5 years, was signed by SIB’s wholly owned subsidiary Sapura Machining Corp Sdn Bhd (SMC) and Chery. [...]

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