Wednesday March 27, 2013

DRB-Hicom, Saab AB ink MoU

LANGKAWI: Automotive conglomerate DRB-Hicom Bhd has signed a memorandum of understanding (MoU) with Sweden’s Saab AB to outline an industrial cooperation to look into areas of technology and expertise transfer to Malaysia.

DRB-Hicom said the MoU broadened and deepened the existing relationship between the two companies, which had already signed an Industrial Cooperation Teaming Agreement at Lima 2011 to collaborate on an Airborne Early Warning and Control System. – Bernama

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