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Joint Venture     13-Oct-09 12:56 pm    
At some point, this will provide a nice piece of revenue and profit. I don't know how fast it will have an impact but it should be soon.

HONG KONG, Aug. 10, 2009 (GLOBE NEWSWIRE) -- Highway Holdings Limited (Nasdaq:HIHO - News) today announced it has formed a joint venture with Xenon Automatisierungstechnik GmbH, based in Dresden, Germany, and Matrix Systems International Ltd., a Hong Kong company, to manufacture and provide maintenance services for German-designed automation equipment to be used in the manufacturing process of industrial companies in Asia.
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Highway Holdings Ltd. (HIHO)

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