Bursa Announcements

The Board of Directors of Tan Chong Motor Holdings Berhad (“TCMH” or “the Company”) wishes to announce that TC Services Vietnam Co., Ltd, a wholly-owned subsidiary of TCMH, had on 26 July 2019 entered into a Memorandum of Understanding with SAIC Motor International Co., Ltd, (“SMIL”) to cooperate with each other in Vietnam market on CKD assembly, sales and distribution, as well as on imported CBU sales (“Project”) of certain automobile brand of products to be agreed between the parties (“Authorised Products”) with the objective of signing relevant cooperation agreements (“Cooperation Agreement”) to formalise the cooperation relationship.