In its interim financial report, the company said it posted earnings of RM736.57mil compared to a loss of RM309.63mil a year earlier mainly due to the grant to the 50.1%-owned national carmaker and better financial performance of its operating companies
PETALING JAYA: Hicom-Teck See Manufacturing Malaysia Sdn Bhd (HTS) has entered into a shareholder agreement with Jiangsu Xinquan Automotive Trim Co Ltd (XQ) to form a joint-venture (JV) company in Malaysia.
The partnership is to design, develop and manufacture instrument panel, floor consoles and door trims as well as related components for vehicles.
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