KUALA LUMPUR (26th November 2007) Edaran Tan Chong Motor Sdn Bhd (ETCM) is pleased to announce the export of Nissan Sentras to Indonesia with the shipment of the first batch of 136 units.
ETCM’s Executive Director, Dato Dr Ang Bon Beng, said that both ETCM and Nissan Motor Co. Ltd (NML) fully respect and embrace the spirit of AFTA and will optimise this landmark agreement towards the total benefit of Nissan’s business operations and ASEAN customers. The Sentra export units consist of more than 60% ASEAN content to qualify for preferential import duties under the AFTA requirement of more than 40% ASEAN content.
ETCM expects the export of Nissan Sentras to Indonesia to increase as Nissan Motor Indonesia (NMI) has indicated that more orders will be placed in year 2008.
Photos caption:
From left: Dr. Lam Foo Yew, Senior General Manager of Tan Chong Motor Assemblies Sdn Bhd (TCMA); Dato’ Dr. Ang Bon Beng, Executive Director of Edaran Tan Chong Motor Sdn Bhd; Mr. Low Seng Chee, Executive Director of TCMA and Mr. Cheng Ee Sen, General Manager – Manufacturing operation of TCMA.
About Tan Chong Motor Holdings Berhad
Edaran Tan Chong Motor Sdn Bhd, a wholly-owned subsidiary of TCMH, is the sales and marketing arm of Nissan vehicles in Malaysia. In 1957, Tan Chong Motors was appointed the franchise holder of Nissan/Datsun vehicles in Malaysia and Nissan/Datsun became the best selling brand in the country in 1970. Tan Chong Motor Holdings Berhad (TCMH) was listed on the Kuala Lumpur Stock Exchange in 1974. The group is principally involved in the assembly and distribution of automobiles. To complement TCMH’s auto business, TCMH provides a wide range of services such as vehicle after sales, hire purchase financing, leasing, insurance, personal loans and money changing to TCMH’s valued ASEAN customers.
