Tan Chong Motor Holdings Bhd.
MMYX:TCHONG0.42
MYR
-0.01
(-3.45%)
ISIN
MYL4405OO006
Return %
Stock
S&P 500
1Y
-37.31
14.20
3Y
-60.00
81.12
5Y
-65.00
68.34
Capital Structure
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- CEO
- Wai Ming Ho
- Full Time Employees
- 1,290
- Sector
- Consumer durables
- Industry
- Motor vehicles
- Address
- Kuala Lumpur Malaysia
- IPO Date
- Feb 4, 1974
- Website
- tanchonggroup.com
- Similar Companies
- Business
- Tan Chong Motor Holdings Berhad is a Malaysia-based investment holding company primarily engaged in the assembly, distribution, marketing, and servicing of motor vehicles, automotive parts manufacturing, and the provision of automotive-related financial and mobility services. Founded in 1957 and headquartered in Kuala Lumpur, Malaysia, the company operates across three principal business segments: Vehicles Assembly and Distribution, Auto Parts Manufacturing, and Other Operations. The company distributes and retails passenger cars, sport utility vehicles, light commercial vehicles, and heavy-duty trucks, holding franchise and distribution rights for brands such as Nissan, Renault, Foton, and King Long; operates vehicle assembly plants in Serendah and Segambut, Malaysia, as well as Danang, Vietnam; manufactures automotive components, including seating systems, interior trims, shock absorbers, and stamped metal parts; provides comprehensive automotive after-sales services, vehicle repair, and genuine replacement parts distribution; offers car rental, fleet management, and corporate travel solutions through its Mayflower brand; and provides consumer and commercial financing solutions, including hire purchase financing, insurance agency services, and money lending. The company serves retail consumers, commercial transport operators, and corporate fleet clients across Malaysia, Vietnam, Cambodia, Laos, Myanmar, and Thailand. In recent operational and strategic developments, Tan Chong Motor Holdings Berhad has expanded its portfolio into new energy vehicles and third-party contract assembly to optimize plant capacity utilization, establishing strategic partnerships to distribute and assemble commercial vehicles and electric vehicles with regional manufacturers including Foton and GAC Motor. Additionally, the company has diversified into the renewable energy sector through the commissioning and commercial operation of its 20-megawatt Large Scale Solar 4 floating photovoltaic farm in Serendah, Selangor, while restructuring its regional sales and distribution footprints across Indochina to improve operational efficiency.