Memorandum of Understanding Between TC Manufacturing (Labuan) Pte Ltd, A Wholly-owned Subsidiary Of Tan Chong Motor Holdings Berhad And Saic GM Wuling Automobile Co., Ltd
| Type | Announcement |
| Subject | OTHERS |
| Description |
MEMORANDUM OF UNDERSTANDING BETWEEN TC MANUFACTURING (LABUAN) PTE LTD, A WHOLLY-OWNED SUBSIDIARY OF TAN CHONG MOTOR HOLDINGS BERHAD AND SAIC GM WULING AUTOMOBILE CO., LTD |
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The Board of Directors of Tan Chong Motor Holdings Berhad (“TCMH” or “the Company”) is pleased to announce that TC Manufacturing (Labuan) Pte Ltd, a wholly-owned subsidiary of TCMH, has on 20 August 2019 entered into a Memorandum of Understanding with SAIC GM Wuling Automobile Co., Ltd ("SGMW"), a company established under the laws of the People’s Republic of China and having its principal place of business at No. 18 Hexi Road, Liuzhou, Guangxi, China to cooperate to study the potential and feasibility of the business opportunity in introducing SGMW commercial vehicle products to Southeast Asia with initial identified countries namely Vietnam, Myanmar, Cambodia and Lao PDR. Please refer to the attached file for the full text of the announcement.
This announcement is dated 20 August 2019. |
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Announcement Info
| Company Name | TAN CHONG MOTOR HOLDINGS BERHAD |
| Stock Name | TCHONG |
| Date Announced | 20 Aug 2019 |
| Category | General Announcement for PLC |
| Reference Number | GA1-26072019-00065 |
Attachments
- TCMH-Announcement-MOU_with_SGMW_(final).pdf (Size: 23,727 bytes)
- TCMH-Press_Release-MOU_with_SGMW.pdf (Size: 102,294 bytes)