Entries by mystcondo

Tan Chong International expects to gain $29.8 million from sale of property, plant, and equipment to CDL Aries

Tan Chong International Limited (TCIL) recently announced that its subsidiary, Tan Chong Motor Holdings Berhad (TCMH) is expected to gain $29.8 million from the sale of property, plant, and equipment to City Developments Limited (CDL) Aries Pte. Ltd. (CDL Aries). This sale is part of the agreement between TCMH and CDL Aries, where the latter […]