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BRIEF-Tan Chong International says Fuji Heavy Industries and unit entered JV agreement
February 8, 2017 / 9:04 AM / 8 months ago

BRIEF-Tan Chong International says Fuji Heavy Industries and unit entered JV agreement

Feb 8 (Reuters) - Tan Chong International Ltd

* FHI and TC Manufacturing and Assembly (Thailand) entered into jv agreement to form jv company for complete knock down production of Subaru vehicles in Thailand

* “planned investment is 5 billion baht”

* Jv company will engage in CKD production of Subaru vehicles in Thailand

* chairman of JV company will be appointed by TC Manufacturing and Assembly (Thailand) .

* “planned investment will be injected by parties in two tranches” Source text for Eikon: Further company coverage:

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