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Chery Corporate Malaysia and Sapura Machining Corporation (SMC), a subsidiary of Sapura Industrial Berhad, agreed to assemble front and rear axle systems for selected Chery vehicle programmes in Malaysia. The master purchase agreement is valued at about RM307 million over four and a half years.
“The RM307 million, four-and-a-half-year deal covers front and rear axle systems for selected Chery vehicle programmes, including Jaecoo and Lepas models.”zhongauto.com
Summarized from public sources; check the original articles before acting on it.