KUALA LUMPUR: Automotive parts vendor Xadacorp Sdn Bhd and Japan Climate Systems Corp (JCS) will invest RM50mil in a joint venture to produce components for Mazda cars.
JCS president Toshiki Hiura signed the agreement with Xadacorp managing director Chong Heng to set up a joint vemture company, Japan Climate Systems (M) Sdn Bhd.
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