UMW Holdings Signs Manufacturing Agreement With Rolls-Royce
August 12 2015 - 5:58AM
Dow Jones News
By Jason Ng
KUALA LUMPUR--Malaysia's industrial conglomerate UMW Holdings
Bhd. (4588.KU) said Wednesday it has signed an agreement with
Rolls-Royce Holdings PLC (RR.LN) to manufacture and assemble
aircraft engines.
"This agreement forms part of Rolls-Royce 's program to
incorporate Malaysia within its supply chain in Southeast Asia,"
where UMW will build a facility to manufacture and assemble the
Trent 1000 engines, the company said in an exchange filing. The
agreement expires at the end of 2040 with an option to be extended
for up to five years, UMW added.
Write to Jason Ng in Kuala Lumpur at jason.ng@wsj.com
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