CME, Sun­long in bus sup­ply ven­ture

New Straits Times - - Business -

KUALA LUMPUR: CME Group Bhd has formed a part­ner­ship with China-based bus man­u­fac­turer Shang­hai Shen­long Bus Co Ltd (Sun­long) to ven­ture into the Malaysian mar­ket for the sup­ply of buses and other ve­hi­cles. CME said it had en­tered into an agree­ment with Sun­long, which was also in­volved in the re­search, devel­op­ment, man­u­fac­tur­ing and sales of buses in­ter­na­tion­ally. They will con­sider the set­ting up and man­u­fac­tur­ing of elec­tric charg­ing sta­tions for buses, and set­ting up a man­u­fac­tur­ing plant for buses in the coun­try.

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