Aapico to invest RM140M in joint venture with PROTON for auto parts

Aapico plans to invest RM140 million in a collaboration with PROTON to produce automotive components, with an initial RM40 million investment into AVEE Global's facility and RM100 million planned for 2024.

“Aapico, Thailand’s largest auto parts company, plans to invest RM140 million in a collaboration with PROTON, Malaysia’s national carmaker, to produce automotive components.”klhappenings.com

• 1 source
• klhappenings.comThailand’s largest auto parts company Aapico to invest RM140 million to produce components together with PROTON - KL HappeningsVincent NgJul 3, 2023

Summarized from public sources; check the original articles before acting on it.