Tan Chong International Limited announced that on Dec, 11 2025 it signed seven sets of agreements to continue various supply, purchase and rental transactions with associates of Tan Chong Consolidated for the three-year period from Jan, 1 2026 to Dec, 31 2028.
The agreements cover: • sale and purchase of motor parts and accessories with Tan Chong Motor Holdings Group; • purchase of spare parts from five APM Automotive subsidiaries; • sale and rental of vehicles, material-handling equipment and forklifts to the APM Automotive Group; • sale of motor parts to TCIM Sdn. Bhd.; • purchase of material-handling equipment, forklifts and mobile elevated work platforms from TCIM Sdn. Bhd. for Vietnam and Thailand operations; and • sale of parts to, and reimbursement of workshop services from, Tan Chong Ekspres Auto Servis.
The aggregate annual cap for all seven transactions has been set at HK$46.17 million, HK$46.80 million and HK$47.11 million for 2026, 2027 and 2028 respectively, equivalent to roughly S$8 million a year.
As the counterparties are connected persons under Hong Kong’s Listing Rules, the deals are classified as continuing connected transactions. With the highest percentage ratio below 5%, the arrangements require only reporting and announcement, and are exempt from circular and independent shareholders’ approval.