Tomorrow all the way to 0.55.. >.<

The Board of Directors of Ta Win Holdings Berhad (“Ta Win” or the “Company”) (“Board”) is pleased to announce that Ta Win’s subsidiary, Cyprium Wire Technology Sdn Bhd (“CWT”), had on 30 March 2021 received a global vendor agreement dated 23 March 2021 (“Agreement”) from Aptiv Global Operations Limited, a limited liability company organised under the laws of Ireland having its registered and principal office at 5 Hanover Quay, Grand Canal Dock, Dublin 2, Ireland (a subsidiary of Aptiv PLC (“Aptiv”) which is a public limited company listed on the New York Stock Exchange (NYSE) with the symbol “APTV”) which registered CWT as a Global Vendor in Aptiv’s global automotive supply chain and set out the terms and conditions applicable to all sourcing of new business by the Aptiv group to the CWT group.



CWT utilises patented cross-linking/ionising radiation treatment using electron beam irradiation technology to manufacture power and signal distribution system, high tension cable, battery cable, and other automotive components/parts for automobile and electric vehicles. On 21 January 2021, CWT attained IATF 16949:2016 certification, technical specifications for the automotive industry quality management systems.



Aptiv is a leading global technology and mobility company primarily serving the automotive sector. Aptiv designs and manufactures vehicle components and provide electrical, electronic and active safety technology solutions to the global automotive and commercial vehicle markets, creating the software and hardware foundation for vehicle features and functionality. Aptiv enables and delivers end-to-end smart mobility solutions, active safety and autonomous driving technologies and provide enhanced user experience and connected services. Aptiv operates 124 major manufacturing facilities and 12 major technical centres utilising a regional service model to efficiently and effectively serve its global customers from best-cost countries. Aptiv’s customers include 23 of the 25 largest automotive original equipment manufacturers in the world, namely Bayerische Motoren Werke AG (BMW), General Motors Company (GM), Stellantis N.V., Toyota Motor Corporation, Tesla Inc. and Volkswagen (VW) Group. Aptiv has a presence in 44 countries and has approximately 18,200 scientists, engineers and technicians focused on developing market-relevant product solutions for Aptiv’s customers.



Aptiv’s Signal and Power Solutions (“SPS”) segment provides complete design, manufacture and assembly of the vehicle’s electrical architecture, including engineered component products, connectors, wiring assemblies and harnesses, cable management, electrical centres and hybrid high voltage and safety distribution systems. Aptiv’s products provide the critical signal distribution and computing power backbone supporting increased vehicle content and electrification, reduced emissions and higher fuel economy.



The Board views CWT’s inclusion as a Global Vendor in Aptiv’s global automotive supply chain as Aptiv’s recognition and testament to CWT’s technical capabilities, strengths and commitments in the global automotive supply chain. Through the procurement of signal and power solutions from CWT, Aptiv is able to increase the localisation of its business activities in Malaysia's automotive supply chain. This development cemented a strong bond in CWT’s procurement relationship with Aptiv. CWT endeavours to secure purchase orders from Aptiv for the latter to fulfil its customers’ demand for SPS in every region of the world. CWT’s products will be penetrating countries with Aptiv’s business presence, especially in the countries promoting electric vehicles (EV) and instituted regulations to minimise vehicles’ environmental impact. The Board is optimistic about CWT’s ability to capture opportunities from the market demand and interest in automotive technology advancement and contribute positively to the Ta Win group’s financial performance.



A copy of the Agreement is available for inspection at Ta Win’s registered office at Unit 26-11 & 26-12, Level 26, Q Sentral, Jalan Stesen Sentral 2, 50470 Kuala Lumpur Wilayah Persekutuan, Malaysia, during normal business hours from Monday to Friday (except public holidays) for a period of 3 months from the date of this announcement.



This announcement is dated 30 March 2021.

https://paultan.org/2020/09/10/ev-innovations-mykar-city-ev-prototype-designed-and-built-in-malaysia-32-hp-and-295-nm-150-km-range/