UPDATE 1-Tan Chong buys shares in Nissan Thai unit

Newswire

(Adds details from statement, share price) SINGAPORE, Oct 1 (Reuters) - Hong Kong-based motor and property group Tan Chong International said on Tuesday one of its units will pay US$35 million to buy shares in Nissan Diesel (Thailand) Co Ltd in a bid to boost truck sales. Tan Chong, a distributor of Nissan Motor Co vehicles in Singapore, said in a statement the acquisition would provide access to the huge market for Nissan Diesel trucks in Thailand. It gave no details of the size of ...

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