KUALA LUMPUR: Nissan Motor Co Ltd has issued a notice to terminate its joint venture (JV) with Tan Chong Motor Holdings Bhd (TCMH) that imports and distributes Nissan vehicles and spare parts in Vietnam.
In a filing with Bursa Malaysia today, TCMH said the notice was effective from Dec 9, 2018, while the JV agreement dated Sept 22, 2010, would terminate on Sept 10, 2019.
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