Auto parts maker EP Manufacturing Bhd is set to make its debut in four-wheel electric vehicle manufacturing via a collaboration with US-based EV player Saean Group Inc. The group said it has inked an agreement with Saean to establish a strategic alliance to mass-produce electric cars for the Malaysian and Southeast Asian markets, with an initial targeted volume of 20,000 units per annum.
EP Manufacturing Bhd (EPMB) has been approved to assemble and manufacture two-wheeled electric vehicles (EVs) in its upcoming manufacturing facility in Glenmarie, Shah Alam.
EPMB said the Ministry of International Trade and Industry (MITI) had on Sept 26, given the former’s unit EP Blueshark Sdn Bhd (EP Blueshark) the licence to make the EVs.
EPMB has partnered with China-based Sharkgulf Technologies Group Ltd to assemble, manufacture and distribute the latter’s Blueshark-branded two-wheeled EVs in Malaysia and other ASEAN countries.
EPMB said it is set to commercially roll out 50,000 units of BlueShark two-wheeled EVs per year for the initial years. expect to commence the construction of the manufacturing plant in early 2023 and target to complete it by Q3 2023.
I would also add above everything mentioned - you should always document your agreements and plans. Clients often tend to omit the discovery phase thinking that this stage is unimportant. Read more here - https://solveit.dev/blog/why-you-need-discovery-phase
wat happen to EPMB, hope someone can share some informative news.. I already get ready my bullet, but donno can shoot or not.. scare it will sink into deep blue sea.
The long weekend has been past, and there is still no news about why EPMB drop. Therefore, can I conclude that the last two days drop was merely some individual shareholder personal issue :- i) Shareholder facing force celling ii) Warehouse operator / syndicate change hand
If this is the case, then high chances that next week will be back to 70-80sen.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Liposenze
65 posts
Posted by Liposenze > 2022-12-13 09:25 | Report Abuse
Don’t hav volume