KUALA LUMPUR: Feytech Holdings Bhd has secured a RM96.83 million contract to supply seat covers for a new sport utility vehicle (SUV) model under Proton’s Advanced Modular Architecture (AMA) 02 platform, with production scheduled to commence in October this year.
In a statement today, the automotive cover manufacturer said its wholly owned subsidiary, Gosford Leather Industries Sdn Bhd, has been appointed as the original equipment manufacturer (OEM) seat supplier for the model under a contract spanning 84 months.
"The new SUV, built on AMA 02, is expected to be launched later this year as a compact crossover in the A-segment, targeting the sub-RM80,000 market and competing with models such as the Perodua Ativa and Honda WR-V,” it said.
Feytech chief executive officer Connie Go said the contract reflects the group’s longstanding collaboration with Proton, which dates back to 2012.
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