KUALA LUMPUR: Fiamma Holdings Bhd
and Zhuhai Samyou Environmental Technology Co., Ltd (Samyou) have signed a memorandum of understanding (MoU) to establish an air conditioning (AC) production facility in Malaysia. This will be Samyou's first plant outside of China.
In a statement, Fiamma said its partnership with Samyou demonstrates the increasing confidence of Chinese companies in Malaysia’s business-friendly environment and pragmatic economic policies.
