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TAN Chong Motor Holdings Bhd has plans to set up a local manufacturing plant but that would depend on the country's tariff structure from 2005 under the Asean Free Trade Area (Afta) regime, said Edaran Tan Chong Motor Sdn Bhd executive director Dr Ang Bon Beng.
THE Lion group intends to invest US$2.7bil over the next 10 years to expand its core businesses both at home and abroad, with a big chunk going to China, said its chairman Tan Sri William Cheng.
EDARAN Otomobil Nasional Bhd (EON) and Perusahaan Otomobil Nasional Bhd (Proton) have refuted yesterday a newspaper report that the long drawn out negotiations over their distribution agreement had been terminated.
THE share price of Autoair Holdings Bhd shot up yesterday on speculation that the automotive air-cond maker will be signing a major deal with a Middle East client which could boost its future earnings.
At a quiet airport west of Paris every Wednesday morning, they board a plush eight-seat Piper Cheyenne III propeller aircraft for an hour-long flight across the Channel. Most of them look like managers in a multi-national company on a trip to discuss global product strategy #8211; and in a way, they are.