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Hong Kong Company Takes Stake in Nissan's Thai Unit.
Byline: Santan Santivimolnat
Oct. 2--Hong Kong-based Tan Chong International has bought all the shares in Nissan Diesel (Thailand) Co (NDT) to strengthen its business and boost truck sales.
K. Onishi, NDT's executive vice-president, said Tan Chong bought the shares from Nissan Diesel Motor Co of Japan for about US$35 million on Monday.
NDT was formerly owned by Nissan Diesel Motor, Marubeni of Japan and the Siam Motors Group, but the Japanese truck maker acquired its partners' stakes earlier this year.
With the participation of Tan Chong, NTD's financial position would be much strengthened. This would assist its expansion of sales and ...
- TAN CHONG INT'L TO ACQUIRE SHARES OF NISSAN DIESEL THAILAND.
- News wire article from: AsiaPulse News October 1, 2002 700+ words
...relationship between the Tan Chong Group and Nissan Diesel in Southeast Asia...association with Nissan Diesel in Singapore through...its subsidiary, Tan Chong Industrial Machinery...relationship between the Tan Chong Group and Nissan Diesel ...
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- News wire article from: AsiaPulse News April 26, 2005 700+ words
...owned subsidiary of Tan Chong International Ltd...distributor of Nissan Diesel trucks and buses...cent stake, the Tan Chong group will contribute...buses a annum. Tan Chong, which has been...and distributing Nissan Diesel trucks and buses...
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- News wire article from: AsiaPulse News November 12, 2002 700+ words
...LUMPUR, Nov 12 Asia Pulse - Tan Chong Motor Holdings Bhd (KLSE...sales volume of Nissan and Nissan Diesel vehicles. In a statement, Tan Chong said the lower sales were...weak demand in September, Tan Chong said the sales volume of...
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- News wire article from: AsiaPulse News August 13, 2004 700+ words
...said in a filing to Bursa Malaysia. Tan Chong said it sold 11,145 units of Nissan and Nissan Diesel vehicles during the first half of...during corresponding period of 2003. Tan Chong expects car demand for the second...
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- News wire article from: AsiaPulse News November 19, 2004 700+ words
...additional future investment, Tan Chong said. It will be constructed...the existing plant. Tan Chong said the sales and production volume of Nissan and Nissan Diesel vehicles enjoyed a steady...targeted to expand further. Tan Chong said it is anticipated...
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- News wire article from: AsiaPulse News February 27, 2008 700+ words
...Feb 27 Asia Pulse - Tan Chong Motor Holdings Berhad...sen from 9.00 sen. Tan Chong said it sold 19,213...Nissan, Renault and Nissan Diesel vehicles in 2007, 18...the fourth quarter, Tan Chong booked pre-tax profit...
- Nissan Diesel Thailand Recovers Steadily.
- Newspaper article from: Knight Ridder/Tribune Business News November 18, 2003 700+ words
...financial management of Tan Chong and amicable support from Japan's Nissan Diesel Motor Co," executive...Ratchawong said yesterday. Tan Chong was able to double sales...the truck business from Nissan Diesel Motor. Mr Pichet said...
- MALAYSIA'S TAN CHONG BOOKS HIGHER H1 PRE-TAX PROFIT.
- News wire article from: AsiaPulse News August 18, 2005 700+ words
...KUALA LUMPUR, Aug 18 Asia Pulse - Tan Chong Motor Holdings Berhad (KLSE:4405...sold 14,438 Nissan, Renault and Nissan Diesel vehicles during the period compared...filing to Bursa Malaysia on Tuesday. Tan Chong said the locally-assembled Renault...