Perusahaan Otomobil National Bhd (Proton) has executed an agreement with Japanese companies Mizayu Seisakusho Co Ltd and Nissho Iwai Corp (NIC) for the purpose of forming a joint venture company to be called Miyazu (Malaysia) Sdn Bhd.
Miyazu Malaysia would be engaged in the business of development, marketing and sale of products and services relating to the design of dies and jigs, automotive body-in-white integration with procurement and supply of toolings, Proton told the KLSE yesterday.