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Feytech Holdings Bhd (FEYTECH) has secured a RM96.83 million contract to supply seat covers for the upcoming Proton AMA02 compact SUV, with production starting in October.
In light of the shortfall in public shareholding spread and as part of the rectification plan, the substantial shareholders and promoters, namely Go Yoong Chang and Tan Sun Sun had identified parties to transfer at least 8,900,000 shares to non-related persons by tranches to meet the shareholding spread via off market transfers.