| Hoover's Profile: Tanjong public limited company |
|
Level 30, Menara Maxis, Kuala Lumpur City Centre 50088 Kuala Lumpur, Malaysia Tel. +60-3-2381-3388 Fax +60-3-2381-3399 |
Type: Public
On the web:
http://www.tanjongplc.com
As investment holding companies go, Tanjong is a little heavy on the work but is getting better about mixing in some play. The company's primary business consists of power generation plants in Malaysia. The diversified company also is engaged in property investment, has lottery and racetrack operations, and operates Germany's Tropical Island Resort themepark. In 2006 the company sold off its liquefied petroleum gas operations in China. Malaysia's second-biggest power producer, Tanjong has consistently added to its power generation capabilities throughout the region through acquisitions. The company was incorporated in 1926.
Key numbers for fiscal year ending January, 2009:
Sales: $1,032.2M
One year growth: 22.7%
Net income: $129.6M
Income growth: (24.4%)
Officers:
Chairman: Dato' Robert C. D. Meng
Group COO: Tan Kong Han
CFO: Gerard Nathan
Competitors:
Siemens Energy
Sime Darby
TNB
