Tan Chong Motor Holdings Berhad, an investment holding company, engages in the assembly and distribution of passenger and commercial vehicles in Malaysia, Vietnam, and internationally. It operates through three segments: Vehicles Assembly, Manufacturing, Distribution and After-Sales Services; Financial Services; and Other Operations. The company is involved in the assembly and manufacture of buses, trucks, and automobiles; import, trading, marketing, and distribution of motor vehicles and spare parts; and provision of automotive workshop services. It also offers financial services, including personal loans, hire purchase financing, money lending, and insurance agency services; and leasing of motor vehicles. In addition, the company provides employment agency, building facilities management, and after sales services for commercial vehicles, as well as research and develops engineering and technology. Further, it invests in properties; produces car alarm and other security systems, auto parts and modules, and accessories; and produces software products, as well as provides information technology (IT) solutions and services and integrating IT systems. Additionally, the company is involved in the merchandise, cosmetics, food, and tractors trading activities; manufacturing, distribution, and sale of automotive parts, lubricants, and accessories; distribution and leasing of motor vehicles; importation and distribution of motorcycles and components; development, operation, and trading of power from renewable energy projects; and servicing, maintenance, and repair of various vehicles and machines. Furthermore, it provides travel agency and transportation services; advertising and marketing; research and development; trust; security services; and pre-delivery inspection services. The company was founded in 1957 and is based in Kuala Lumpur, Malaysia.
Malaysian Market Performance
7D7 Days: -0.1%
3M3 Months: 0.8%
1Y1 Year: -9.3%
YTDYear to Date: -8.1%
Over the last 7 days, the market has remained flat, although notably the Materials sector gained 6.4% in that time. Unfortunately though, the market is down 9.3% over the past year. Looking forward, earnings are forecast to grow by 8.6% annually. Market details ›
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