BAssets signs JV to expand automotive assembly lines and operations

Quick Summary:

PETALING JAYA: Berjaya Assets Bhd (BAssets) has entered into a joint venture agreement (JV) with HSHP Auto Technology Sdn Bhd and PG Car Centre (Northern Region) Sdn Bhd to subscribe for 51% stake in Berjaya Autotech Sdn Bhd, a joint-venture company to jointly develop and expand the current automotive assembly lines and operations of B-Assembly for a cash subscription of RM5.10mil.

UOA Development's net profit rises to RM287.

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: Berjaya Assets Joint venture /Business/Business News HSHP Auto Technology Corporate News BAssets

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-24 @ 20:03:00 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 184 words

Reading Time: 2 minutes read

Sentences: 6 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 26373772

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Main Topics: EconomyBusiness

Official Website: thestar.com.my

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