Short Position - EV assembly plant, Banking on changes, Market fizzles


Malacca chief minister sulaiman md ali

EV assembly plant

THIS week, the Melaka Chief Minister Datuk Seri Sulaiman Md Ali (file pic) said that his state would soon see a massive RM1bil investment by a company looking to build the country’s first electric vehicle (EV) assembly plant.

The investment will be by local company Fieldman EV Sdn Bhd, which was set up in 2018 to hunt for renewable energy resources that can be brought into Malaysia, according to information on its website.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Bursa's rally continues ahead of economic releases
Trading ideas: MyEG, Axis REIT, Mah Sing, Capital A, Hibiscus, Chin Hin, Carlsberg, I-Bhd
Businesses concerned about rising forex woes
Booming eCommerce bolsters consumption
Sasbadi reports record high quarterly revenue on robust sales
LME takes aim at traders’ Russian metal games with new rules
Helping more city-state F&B businesses to expand overseas
Funds raised by Singapore’s tech startups up 59% in 2023
Fernandes on board Capital A for five more years
China’s prices are too low for buyers to sweat about tariffs

Others Also Read