Sersol's JVs explore collaboration with Chongqing Beidou

KUALA LUMPUR: Sersol Bhd's joint venture companies have entered into a memorandum of understanding with Chongqing Beidou Jiean Neo-Energy Technology Ltd to produce and distirbute electric scooters and related accessories and infrastrucure in Malaysia, Thailand and Indonesia.

In a filing with Bursa, the group said the joint venture companies of wholly owned subsdiary Sersol Energy Sdn Bhd, namely Sersol Takuni (M) Sdn Bhd, Sersol Takuni (Thailand) Co. Ltd and PT Sersol Takuni, entered into the agreement with China's Beidou, which specialises in providing total solutions for new energy technology.