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KUALA LUMPUR (June 13): Here is a brief look at some corporate announcements and news flow on Monday (June 13) involving Scientex Bhd, InNature Bhd, Coastal Contracts Bhd, Anzo Holdings Bhd, Berjaya Food Bhd (BFood), Bermaz Auto Bhd, Sarawak Consolidated Industries Bhd (SCIB), Nestcon Bhd, EcoFirst Consolidated Bhd and Destini Bhd.
WHILE the automotive industry has welcomed the proposed tax incentives for EVs (electric vehicles) under Budget 2022, the sector’s stakeholders and analysts do not expect EV sales to kick off in a big way just yet.
PETALING JAYA: Bermaz Auto Bhd’s (BAuto) acquisition of an additional 35% stake in Berjaya Auto Alliance (BAASB), the sole distributor of Peugeot vehi...
Cover Story: Bermaz Auto picks up speed with Kia JV The Edge 4 hrs ago Liew Jia Teng © Provided by The Edge FEW would dispute that Bermaz Auto Bhd (BAuto) has had an impressive track record of distributing Mazda vehicles in Malaysia over the past 13 years under the leadership of automotive industry veterans Datuk Seri Ben Yeoh Choon San and Datuk Francis Lee Kok Chuan. When the Japanese car brand was initially distributed by Cycle & Carriage Bintang Bhd, only 500 to 600 cars were sold in the country each year. But since BAuto — then controlled by Berjaya Corp Bhd — too...
Thursday, 01 Apr 2021 08:00 PM MYT The logo of Kia Motor is seen during an unveiling ceremony for Kia Motor’s The New Soul in Seoul August 22, 2016. — Reuters pic Subscribe to our Telegram channel for the latest updates on news you need to know. KUALA LUMPUR, April 1 — Kia Motors Corporation and Bermaz Auto Bhd (BAuto) have formed a strategic partnership to drive the expansion of production and assembly of Kia vehicles in Malaysia. A joint venture company, Kia Malaysia Sdn Bhd will be formed to undertake the assembly of completely knocked down (CKD) Kia vehicles, both parties said in a ...