Mazda gets new distributor in Malaysia

Cycle & Carriage Bintang Bhd (CCB) has given up yet another automotive franchise � with its previous Peugeot distributorship having ended by end-2007 � this time surrendering the Mazda brand. BerMaz Motor Sdn Bhd, a unit of Berjaya Corporation will acquire Cycle & Carriage Bintang Bhd�s wholly-owned current Mazda�s franchise holder, Hercules Automotive Engineers Sdn Bhd, for RM16.8million.