Bursa Announcements

The Board of Directors of Tan Chong Motor Holdings Berhad wishes to announce that TC Capital Resources Sdn Bhd has on 15 November 2018 entered into a conditional Share Sale Agreement with Ms Yap Swee Hoon and Encik Abdul Rahman Bin Mohamed for the proposed acquisition of 200,000 ordinary shares in Chauffeur Safe Travel Sdn Bhd ("CST") representing 100% of the equity interest in CST for a total cash consideration of RM200,000.00.

Please refer to the attachment for details.

This announcement is dated 15 November 2018.