chris63 schreef:
www.investors.com/NewsAndAnalysis/New...Pan Da Got SAAB Exclusive Selling Rights in China
Posted 07:26 AM ET
BEIJING, Sep 01, 2011 (SinoCast Daily Business Beat via COMTEX) -- Pang Da Automobile Trade Co., Ltd (shse:601258) announced on September 1 that its wholly-owned subsidiary had getting a general distribution rights of SAAB cars and auto parts in China (excluding Hong Kong Special Administration Region and Taiwan).
The subsidiary signed an agreement with SAAB Automobile AB and SAAB Automobile Parts AB on August 30.
On July 2, 2011, the company signed subscription agreement on buying shares of Swedish Automobile NV and disclosed information as required. The concerned parties are now talking about establishment of joint venture automobile sales firm and joint venture carmaking plant by the company, SAAB and Youngman.