PETALING JAYA: PASDEC HOLDINGS BHD‘s Botswana unit has been selected by Nissan South Africa (Pty) Ltd to manufacture and supply electrical wiring harnesses for its 3G-200 H60A vehicles.
The contract, which commences in June 2019 for seven years, is expected to generate a gross revenue of about RM380mil for Pasdec Automotive Technologies (Botswana) (Pty) Ltd.
The Botswana unit is an indirect subsidiary of Pasdec group via the latter’s 70%-owned subsidiary Pasdec Automotive Technologies (Pty) Ltd.
“This contract is expected to contribute positively to the revenue and earnings of the group over the period of the contract,” the group said in a stock exchange filing.
We're sorry, this article is unavailable at the moment. If you wish to read this article, kindly contact our Customer Service team at 1-300-88-7827. Thank you for your patience - we're bringing you a new and improved experience soon!
What do you think of this article?