SAPIND

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MEMORANDUM OF UNDERSTANDING MEMORANDUM OF UNDERSTANDING BETWEEN SAPURA INDUSTRIAL BERHAD AND SHANGHAI AUTO ELECTRIC DRIVE CO. LTD.

SAPURA INDUSTRIAL BERHAD

Type Announcement
Subject MEMORANDUM OF UNDERSTANDING
Description
MEMORANDUM OF UNDERSTANDING BETWEEN SAPURA INDUSTRIAL BERHAD AND SHANGHAI AUTO ELECTRIC DRIVE CO. LTD.

The Board of Directors of Sapura Industrial Berhad  wishes to announce that the Company had on 3 October 2025 entered into a Memorandum of Understanding with Shanghai Auto Electric Drive Co. Ltd., (Company Registration No. 913101145543377642)  to explore collaboration opportunities to localise the components and assembly for Electric Drive Systems.

Please refer to the attachment for further details.

This announcement is dated 3 October 2025.




Please refer attachment below.



Announcement Info

Company Name SAPURA INDUSTRIAL BERHAD
Stock Name SAPIND
Date Announced 03 Oct 2025
Category General Announcement for PLC
Reference Number GA1-03102025-00042