Tan Chong and Fuji Heavy to assemble Subaru vehicles in Thailand
To invest USD143 million
TC Manufacturing and Assembly (TCMA) Thailand, a subsidiary of Tan Chong International Limited (TCIL), has agreed to set up a 74.9%-owned joint venture (JV) with Fuji Heavy Industries (FHI) to start assembly of Subaru-brand vehicles in Thailand, reports Dow Jones.
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