Examining the Benefits of Tan Chong’s Disposal of its Assets for $126.3 Million
Tan Chong Motor Holdings Berhad (TCMH) is a Malaysia-based automotive group that is involved in the assembly, distribution, and retailing of vehicles. In 2017, the company sold off some of its assets for a total of RM530 million (approximately $126.3 million). This was part of the company’s strategic plan to restructure its operations, enhance its […]