PETALING JAYA: Tan Chong Motor
Assemblies Sdn Bhd (TCMA) has entered into a master agreement with Perodua Sales Sdn Bhd (PSSB) for Perodua’s battery electric vehicle (EV) project in Serendah.
In a Bursa Malaysia filing, Tan Chong Motor Holdings Bhd said the agreement sets out the general terms and conditions governing the provision of electro-deposition (ED) coating and painting line services, and the rental of assembly lines and related services by its subsidiary TCMA to PSSB for the project.
The filing said the agreement will be for three years from June 1, 2026, with an option to extend for another two years.
PSSB will exercise this option at least six months before the term expires.
“TCMA shall provide ED coating and painting line services as well as rental of designated assembly line in consideration of the payments of service fees and rental charges to be made by PSSB,” the filing added.
