Author Archive for: themystbukittimah

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Entries by themystbukittimah

The Significance of the $6.3 Million Option Fee in the Tan Chong-CDL Aries Deal

February 2, 2023 /0 Comments/in Misc /by themystbukittimah

The Tan Chong-CDL Aries deal is a major transaction that is set to shape the future of the automotive industry in Singapore. The agreement between the two companies involves the sale of a majority stake in CDL Aries to Tan Chong, a leading automotive group from Malaysia. The deal is estimated to be worth $6.3 […]