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Tan Chong terminates MoU with King Long for exclusive distribution of Kingo microbus in Vietnam

On October 12, 2021, Malaysia Tan Chong Motor Holdings announced termination of Memorandum of Understanding between its indirect wholly-owned subsidiary TC Motor Vietnam (TCMV) and Xiamen King Long United Automotive Industry Co., Ltd. (King Long).
The MoU was signed in October 19, 2020 to facilitate the commencement ....

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