Tan Chong Motor appointed GAC Motor's distributor in Vietnam


KUALA LUMPUR: Tan Chong Motor Holdings Bhd's wholly-owned subsidiary TC Services Vietnam Co Ltd has been appointed GAC Motor International Co Ltd's vehicles distributor in Vietnam.

In a filing with Bursa Malaysia, the auto distributor said TC Services Vietnam has acquired the rights to import, distribute and sell vehicles and spare parts as well as provide after-sales services on the vehicles.

It also has the right to appoint sub-distributors to perform after-sales services for the vehicles and spare parts.

The term of the contract is for a period of three years.

"The agreement will provide TCMH Group with opportunity to expand its foothold in the automotive industry in Vietnam," it said.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

TanChong Motor , GAC , Vietnam , distributor

   

Next In Business News

Trading ideas: MAHB, YTL Power, MPHB, IHH, Kerjaya Prospek, E&O, Aurelius, Ageson, UUE
Smart Asia makes strong debut on ACE Market
Retail, commercial and hotel segments lift IGB in 1Q24
Additional RMAF base job for Fajarbaru
KIB to monitor market uncertainties
SD Plantation rebrands as SD Guthrie
KWAP’s Dana Pemacu to boost private markets
Southern Cable 1Q net profit surges to RM14mil
Automation solutions to drive Genetec
IHH on expansion mode

Others Also Read