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Business Development Asia LLC
South East Asian Automotive News
Issue 8, AUGUST 1998
SINGAPORE
Cycle & Carriage Bintang Bhd (CCB), an associate
company of Singapore listed Cycle & Carriage Ltd,
has temporarily shut down its assembly plant in Petaling Jaya. The
plant was closed on April 1st because of depressed sales. CCB has
been selling 80 to 90 cars per month this year compared to 740 cars per
month last year. The plant was originally scheduled close for a three-month
period, but due to CCB’s economic situation, the company expects to delay
its reopening. (June 4th 1998)
Business Development Asia LLC, The Economist Building,
111 West 57th Street, Suite 405, New York, NY
10019
Tel (212) 265 5300 Fax (212) 265 4300 E-mail bda@bdallc.com
A limited liability company incorporated in the State
of Delaware
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