Oriental Holdings Bhd has agreed to inject money into Honda Malaysia Sdn Bhd despite speculation that the former is having problems going ahead with the partnership.
Honda Malaysia chief operating officer and president Syed Hisham Syed Wazir said Oriental had been a good partner and talk that the company was reluctant to participate in the capital injection to raise Honda Malaysias paid-up capital to RM374mil in 2005 but wanted to focus on its Hyundai assembly was baseless.