EP Manufacturing unit to explore collaboration with Great Wall Motor

KUALA LUMPUR: EP Manufacturing Bhd's wholly-owned subsidiary Peps-JV (Melaka) Sdn Bhd has entered into a memorandum of understanding with Great Wall Motor Sales Malaysia Sdn Bhd to cooperate in the production and assembly of the latter's products in Malaysia.

"The MoU will allow the Parties to leverage on each other’s strengths and expertise for collaborative development of GWM’s brand RHD Internal Combustion Engine Vehicle (ICE) and Electric Vehicles (EVs) to meet the market needs in Malaysia.

"This will potentially create an additional revenue stream for EPMB Group and make a favorable contribution to the Group’s future expansion," said EP Manufacturing in a filing with Bursa Malaysia.