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Sapura Machining Corporation Sdn Bhd, a subsidiary of Sapura Industrial Bhd, signed a master purchase agreement with Chery Corporate Malaysia Sdn Bhd for the assembly of front and rear axle systems, valued at approximately RM307 million. The project will be undertaken at its facility in Bukit Beruntung, Selangor, over 4.5 years.
“The agreement covers the assembly of front and rear axle systems for selected vehicle programmes, under a contract valued at an estimated RM307 million.”bernamabiz.com
Summarized from public sources; check the original articles before acting on it.