From left: Fimaco managing director Chua Ah Boon, Fiamma group CEO Jimmy Tan, Samyou founder and chairman, Xiao Youyuan, Samyou assistant general manager Michaelia Zhu and Samyou sales manager Xu Yuzi.
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.
