SHAH ALAM: When Bermaz Auto Bhd
(BAuto) announced that it was buying a substantial stake in EP Manufacturing Bhd (EPMB), many wondered if this was a move to diversify its income stream given the challenges faced in the stiff competitive environment.
Its executive chairman Tan Sri Ben Yeoh said this move was mainly to support the automotive parts and components manufacturer, which is looking to raise RM39.65mil to partly finance the construction of its manufacturing hub in Melaka.
