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Nissan terminates JV with Tan Chong in Vietnam


KUALA LUMPUR: Nissan Motor Co Ltd has issued a notice to terminate its joint venture (JV) with Tan Chong Motor Holdings Bhd (TCMH) that imports and distributes Nissan vehicles and spare parts in Vietnam.

In a filing with Bursa Malaysia today, TCMH said the notice was effective from Dec 9, 2018, while the JV agreement dated Sept 22, 2010, would terminate on Sept 10, 2019.

Corporate News , Auto , Nissan , Tan Chong

   

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