Pasdec wins Nissan South Africa contract


  • Business
  • Friday, 12 Oct 2018

Temporary anti-dumping measures on ethanolamine products produced in the Malaysia, Saudi Arabia, Thailand and the United States is also being introduced.

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.

 


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