Distribution agreement with Nissan. Tan Chong’s wholly-owned subsidiary, ETCM (C) Pty Ltd (“ETCM (C)”) and Nissan Motor Co Ltd (“Nissan”) has signed a new Distribution Agreement yesterday. With the signing of the new agreement Tan Chong will be the sole and exclusive distributor of Nissan’s CBU vehicles in Cambodia for a period of two years with the option of renewal every year thereafter. This agreement is expected to take effect in the second quarter of 2010 with an initial sales volume of 200 units.
Tan Chong Motor Berhad : Signed Nissan’s Distribution Rights For Cambodia - 12/03/2010
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