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Tan Chong to improve market position, BUSINESS TIMES
Business Times (Malaysia), May, 2000
Business Times (Malaysia) 05-24-2000 TAN Chong Motor Holdings Bhd will step up efforts to improve market position for the year ahead given the growth momentum in the motor vehicle market. With the recent completion of an internal reorganization, the new group, with a single core business in automotive assembly and distribution, will look toward the future with a fresh perspective and gear itself for any challenges to come, especially with the advent of the Asian Free Trade Agreement, says chairman Datuk Tan Kim Hor in the company's annual report. He says its reorganization, involving its car parts and non-motor divisions namely APM Automotive Holdings and Warisan TC Holdings Bhd, has resulted in a surplus of RM51 million for the year ended December 31...
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