KUALA LUMPUR: The ministry of international trade and industry’s approval of Tesla’s application to import battery electric vehicles into Malaysia has given EV-related stocks a boost.
Others that have also benefited from the Miti announcement are Pentamaster Corporation Bhd which added four sen to RM4.94, Genetec Technology Bhd which gained two sen to RM2.83 and Hong Seng Consolidated Bhd which climbed up half a sen higher at 13.5 sen.Miti announced in a statement yesterday that Tesla will establish a head office in Malaysia and introduce its service centres, which it has dubbed “experience centres”, as well as its “supercharger” network.
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