The Completely Knocked Down (CKD) project between WTC Automotif (M) Sdn Bhd (WTCA), a wholly owned subsidiary of Warisan TC Holdings Bhd and Guangzhou Automobile Group (GAC), represents a strengthened relationship for both WTCA and GAC.
The CKD project, in which WTCA will invest more than RM60 million, entails both national expansion and the production of the brand-new GAC Motor GS3 model. About 18 months after WTCA and GAC International inked a distributorship contract designating WTCA as the single and exclusive distributor of GAC vehicles in Malaysia, the CKD project was unveiled.
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