Thursday, July 29, 2010

APM Automotive Holdings Berhad : Riding On Motor Sector’s Growth Cycle - 29/7/2010

Leading automotive parts manufacturer. APM is one of the leading utomotive parts manufacturers among over 650 players in Malaysia ith an estimated market share of 12.6% based on revenue. Apart from alaysia, the company has operations in Indonesia, Vietnam and Australia. APM is the autoparts arm of Tan Chong with Tan Chong holding a 41.5% stake. APM recently expanded its overseas distribution network with the set up of a new company – APM Auto Components in the US, which is expected to contribute to revenue growth in the long term. The company operates in three major divisions: 1) Suspension; 2) Electrical & Heat Exchange; and 3) Interior & Plastics.

APM Automotive Holdings Berhad : Riding On Motor Sector’s Growth Cycle - 29/7/2010

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