KUALA LUMPUR: Stocks that should see trading interest include Zhulian, APB, Tropicana, TSR Capital, Straits Energy, Nextgreen and DRB-Hicom, said Apex Research.
Geely Holding Deepens Commitment to Southeast Asia with New Collaborative Agreements webwire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from webwire.com Daily Mail and Mail on Sunday newspapers.
Malaysian automaker DRB Hicom said on Wednesday it has signed an agreement with Chinese car maker Zhejiang Geely Holding Group Co Ltd for the development of an automotive hub in Malaysia. This comes after Malaysian Prime Minister Anwar Ibrahim said in July that Geely will invest $10 billion to develop an auto-making hub in the town of Tanjung Malim in western Malaysia. "The (agreement) sets forth the underlying principles, governance framework and mutual commitment of the Automotive Hi-Tech Valley project," DRB said in a statement.
KUALA LUMPUR: DRB-HICOM has entered into a Master Collaboration Agreement (MCA) with Zhejiang Geely Holding Group Co Ltd (Geely) pertaining to the development of the Automotive High-Technology Valley (AHTV) in Tanjong Malim, Perak.