Ta Win accepts frame contract from Aptiv


In a filing with Bursa Malaysia, Ta Win said the New York stock exchange-listed Aptiv designs and manufactures vehicle components and provides electrical, electronic and active safety technology solutions to the global automotive and commercial vehicle markets

PETALING JAYA: Ta Win Holdings Bhd’s subsidiary Cyprium Wire Technology Sdn Bhd has accepted a frame contract from Aptiv PLC group for the supply of a power and signal distribution system, high tension cable, battery cable, and other automotive components/parts for local automobile models in Malaysia.

The tenure of the frame contract is six months, from July 1, 2021, to Dec 31, 2021.

Based on the ongoing discussion with the Aptiv group, CWT’s management estimated the total contract quantity under the frame contract shall be up to 10,000km per month.

In a filing with Bursa Malaysia, Ta Win said the New York stock exchange-listed Aptiv designs and manufactures vehicle components and provides electrical, electronic and active safety technology solutions to the global automotive and commercial vehicle markets, creating the software and hardware foundation for vehicle features and functionality.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 46
Cxense type: free
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Ta Win , Aptiv , automotive , battery , cable ,

   

Next In Business News

Second phase of London's Battersea Power Station to be opened to public next year
CPO futures seen trading higher next week on improved sentiment, may hit RM5,050
US to lift restrictions Nov 8 for vaccinated foreign travelers
China aluminium firm Zhongwang flags 'severe difficulties' at subsidiaries
Toyota cuts November output, after supplies slowed from Malaysia and Vietnam
Oil prices rise to three-year high on back of supply deficit forecasts
World stocks notch best day in 5 months
DNB gets Malaysia ready for 5G
Telcos post-5G rollout
Short Position - Listed companies, healthcare valuations, demographic dividend

Others Also Read


Vouchers