Data provided by iNet BFA
Loading...
See More

Denel nabs Malaysia deal

Apr 21 2010 11:10

Related Articles

ANC cadres to fill top jobs - Zuma

Denel learnerships: blacks only

Denel appoints new CEO

Denel wage hike 'unacceptable'

Zuma calls for parastatal review

Business as usual at Denel Saab

 

Johannesburg - Malaysia has confirmed its intention to buy armoured personnel carriers for which South Africa's Denel will supply the turrets, the company said on Wednesday.

Communications manager Sinah Phochana said Malaysia's defence ministry handed a letter of intent to DRB-Hicom Defence Technologies Sdn Bhd (Deftech) at the Defence Services Asia Expo 2010 last week.

"Deftech has in turn handed over a letter of intent to Denel as a technology partner for the joint manufacture of turrets and for the systems integration of the programme."

The company said the contract showed that its revised strategy to get better access to sustainable international markets was working.

- Sapa

NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're talking about:

Small Business

A cash flow crunch often occurs in small businesses trying to balance cash coming in with cash going out. Watch this video to help you improve.
 
 

Where can you stash your cash?

Fin24 user Tinashe Guramatunhu presents a review of the best way to invest a windfall or bonus.

 
 

Start saving...

Where can you stash your cash?
Time the key for retirement saving
Dummy's guide to saving
Save money with affordable account

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...
Loading...