Hong Leong Asia's Unit Launches New High Horsepower Engines; Shares Up Over 4%

MT Newswires

Aug 26

Nasdaq-listed unit China Yuchai International, through its subsidiary, Guangxi Yuchai Machinery, launched new mtu Series 2000 high horsepower engines, according to a filing with the Singapore Exchange on Monday.

Shares of the company were up over 4% in Tuesday trading.

Produced by MTU Yuchai Power, a joint venture between Yuchai's Marine and Genset Power subsidiary and Rolls-Royce's Power Systems division, the new mtu Series 2000 is a primary and a backup solution

for power generation applications.

China Yuchai International is a unit of Hong Leong Asia (SGX:H22).

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