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A new joint venture has just been signed between Auto Parts Holdings Sdn Bhd (APM) and Delta Koygo Co., Ltd for the production of seating componentry for the locally assembled Mazda CX-5. Signatories for this agreement were Low Seng Chee, CEO of APM, and Hitoshi Fujita, president and CEO of Delta Kogyo.

This agreement will see a new Malaysian company formed under the proposed name, APM Delta Seating Systems Sdn Bhd with an authorised capital of RM25 million, while the issued and paid-up capital of RM23 million will see APM and Delta each holding 60% and 40% equity share respectively.

This joint venture is intended to supply seats, seat frames and components for export to ASEAN countries, while also supplying components for Mazda vehicles assembled in Malaysia which will be exported to other ASEAN countries.

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The production plant for the manufacture of the seating systems will be a 12,856 sq m facility estimated to be complete by February 2017, as part of a programme initiated between Mazda and the Malaysia Automotive Institute in 2012.

Japan-based Delta Kogyo Co., Ltd manufactures seat assemblies, slide adjusters, recliners, height adjusters, shifters, sun visors and door checkers. It also has operations in China, Thailand, Myanmar North America and Mexico.