Lion Forest to make Silverstone-brand tyres in China

Kuala Lumpur–Lion Forest Industries Bhd, parent of Lion Rubber Industries Sdn Bhd, has signed a joint venture with Chinese company to make Silverstone-brand tyres on behalf of Silverstone Corp. Bhd on the Chinese mainland. Both Silverstone and Lion Forest are members of the Lion Group of Malaysia

According to a statement made to the KL Stock Exchange, Lion Rubber Industries Sdn Bhd will take 75 percent of the shares in a new joint venture company with Chinese tyre manufacturer Shandong LuHe Group Co Ltd taking the…

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