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Sime Darby incorporates unit in China for auto parts sales, services

Sime Darby incorporates unit in China for auto parts sales, services

KUALA LUMPUR (July 7): Sime Darby Bhd has incorporated Kunming Bow Chuang Motor Sales and Services Co Ltd (KMBC), an indirect 65%-owned subsidiary of Sime Darby, in the People's Republic of China on Tuesday (July 4) as a limited company.

In a bourse filing today, the business licence was issued by the market supervision administration of Kunming Panlong District.

The licence was then received by Yunnan Bow Yue Vehicle Trading Co Ltd (YNBY), an indirect 65%-owned subsidiary of Sime Darby, on July 5.

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