PETALING JAYA: Warisan TC Holdings Bhd (WTCH) has entered into a memorandum of understanding with Chinese truck maker Beiqi Foton Motor Co Ltd for a possible venture to assemble and distribute medium and heavy-duty trucks in Malaysia.
“The prospective co-operation will provide an opportunity for the WTCH group to expand its business activities to the automotive sector, thereby broadening the earnings base of the group,’’ the company told Bursa Malaysia yesterday.
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