Sapura Industrial Bhd has entered into a memorandum of understanding (MOU) with China-based lithium battery firm Zhejiang Zhongze Precision Technology Co Ltd to establish an industrial and commercial battery component manufacturing facility in Malaysia. The agreement, signed between Sapura Industrial’s wholly-owned subsidiary SIB Ventures Sdn Bhd and Zhejiang Zhongze, lays the groundwork for negotiations on...
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