KUALA LUMPUR: Berjaya Corp Bhd's shares were actively traded on Thursday, Oct 21 after the company secured a manufacturing plant licence from the Ministry of International Trade and Industry (Miti) for the assembly of commercial vehicles, hybrid cars, electric cars and luxury passenger vehicles in Malaysia. The 100-acre plant will be based at Bukit Tagar, Selangor.
At 9.10am, Berjaya Corp was seven sen to RM1.11 with 9.8 million shares done.
On Wednesday, Berjaya Corp chairman and CEO Tan Sri Vincent Tan said the licence would provide the company the opportunity to assemble commercial and passenger vehicles locally, giving it more flexibility and control in terms of quality and pricing.
"Besides strategically complementing and widening our existing range of motor brands, this will also be a good opportunity for Berjaya Corp to promote green TECHNOLOGY [] through the development of hybrid and electric vehicles, which are more environmentally friendly. In line with this, we hope to expand our market share and develop a more global presence," he said.
At 9.10am, Berjaya Corp was seven sen to RM1.11 with 9.8 million shares done.
On Wednesday, Berjaya Corp chairman and CEO Tan Sri Vincent Tan said the licence would provide the company the opportunity to assemble commercial and passenger vehicles locally, giving it more flexibility and control in terms of quality and pricing.
"Besides strategically complementing and widening our existing range of motor brands, this will also be a good opportunity for Berjaya Corp to promote green TECHNOLOGY [] through the development of hybrid and electric vehicles, which are more environmentally friendly. In line with this, we hope to expand our market share and develop a more global presence," he said.
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