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Sapura Industrial Berhad's subsidiary Sapura Machining Corporation Sdn. Bhd. signed a Master Purchase Agreement with Chery Corporate Malaysia Sdn. Bhd. to assemble front and rear axle systems for Chery vehicle programs. The contract is valued at approximately RM307 million over 4.5 years and will be performed at a new facility in Bukit Beruntung, Selangor.