At the end of June, the Board of Directors of Tan Chong Motor Holdings Berhad announced that their wholly-owned subsidiary, TC Trucks Sales Sdn Bhd entered into an Exclusive Distribution Agreement with Xiamen King Long United Automotive Industry Co.
Tan Chong Motor Subsidiary, TC Truck Sales Become Distributor for King Long
The agreement sees TC Trucks Sales appointed as King Long’s sole and exclusive distributor, assembler and after-sales service provider of King Long coaches and buses. The working capital required for the new King Long Business for the first five years of the operation h...
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