DRB-Hicom, Geely Holding sign joint venture agreement


PETALING JAYA: DRB-Hicom Bhd and Zhejiang Geely Holding Group Co Ltd (Geely Holding) have signed a joint venture agreement (JVA) for the development of the Automotive Hi-Tech Valley (AHTV) in Tanjong Malim, Perak.

This follows the recent master collaboration agreement signed in October 2023, which had set forth the underlying principles, governance framework, and mutual commitment for the AHTV project.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Fire safety in high-rise: The bathroom myth
Migrant housing shapes townships
First-time buyers eligibility check
Ringgit climbs sen by sen
Stepping on the gas
Nostalgia is a soothing balm
H&M’s credibility gap
Gulf’s pull evident in Goldman support
Choppy seas ahead
Hedge fund cash reshapes reinsurance model

Others Also Read