TAN CHONG MOTOR HOLDINGS BHD

KLSE (MYR): TCHONG (4405)

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Last Price

0.495

Today's Change

-0.055 (10.00%)

Day's Change

0.495 - 0.54

Trading Volume

3,632,800


2 people like this.

387 comment(s). Last comment by luckyman 2 weeks ago

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-05-18 09:21 | Report Abuse

EPF is still accumulating :)

Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
TAN CHONG MOTOR HOLDINGS BERHAD

Particulars of substantial Securities Holder
Name EMPLOYEES PROVIDENT FUND BOARD
Address Tingkat 19, Bangunan KWSP
Jalan Raja Laut
Kuala Lumpur
50350 Wilayah Persekutuan
Malaysia.
Company No. EPF ACT 1991
Nationality/Country of incorporation Malaysia
Descriptions (Class) Ordinary shares
Details of changes
No Date of change
No of securities
Type of Transaction Nature of Interest
1 21 Apr 2020
13,000
Acquired Direct Interest
Name of registered holder Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board
Address of registered holder Level 42, Menara Citibank 165 Jalan Ampang 50450 Kuala Lumpur
Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred Acquisition of Shares
Nature of interest Direct Interest
Direct (units) 41,265,600
Direct (%) 6.325
Indirect/deemed interest (units) 0
Indirect/deemed interest (%) 0
Total no of securities after change 41,265,600
Date of notice 22 Apr 2020
Date notice received by Listed Issuer 24 Apr 2020


Remarks :
The percentage shareholding of Employees Provident Fund Board's direct interest is computed based on the total number of issued shares of the Company (less treasury shares) of 652,450,000 shares.

Announcement Info
Company Name TAN CHONG MOTOR HOLDINGS BERHAD
Stock Name TCHONG
Date Announced 24 Apr 2020
Category Change in the Interest of Substantial Shareholder Pursuant to Section 138 of CA 2016
Reference Number CS2-24042020-00026

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-05-18 11:36 | Report Abuse

EPF and major shareholders are buying the shares... there must be good reason that the public may not know :)



Friday, 24 Apr 2020

5:10PM TCHONG EMPLOYEES PROVIDENT FUND BOARD (13,000 units Acquired)


Wednesday, 22 Apr 2020

5:10PM TCHONG EMPLOYEES PROVIDENT FUND BOARD (22,900 units Acquired)


Tuesday, 21 Apr 2020

5:08PM TCHONG EMPLOYEES PROVIDENT FUND BOARD (39,400 units Acquired)


Wednesday, 15 Apr 2020

5:04PM TCHONG TAN HENG CHEW (17,900 units Acquired)

5:04PM TCHONG KHOR SWEE WAH @ KOH BEE LENG (17,900 units Acquired)

5:04PM TCHONG TAN HENG CHEW (17,900 units Acquired)


Monday, 13 Apr 2020

5:04PM TCHONG TAN HENG CHEW (23,900 units Acquired)

5:04PM TCHONG KHOR SWEE WAH @ KOH BEE LENG (23,900 units Acquired)

5:04PM TCHONG TAN HENG CHEW (23,900 units Acquired)


Thursday, 9 Apr 2020

5:07PM TCHONG TAN HENG CHEW (129,600 units Acquired)

5:07PM TCHONG KHOR SWEE WAH @ KOH BEE LENG (129,600 units Acquired)

5:07PM TCHONG TAN HENG CHEW (129,600 units Acquired)


Tuesday, 7 Apr 2020

5:05PM TCHONG TAN HENG CHEW (111,800 units Acquired)

5:05PM TCHONG KHOR SWEE WAH @ KOH BEE LENG (111,800 units Acquired)

5:05PM TCHONG TAN HENG CHEW (111,800 units Acquired)



Friday, 3 Apr 2020

5:14PM TCHONG OTHERS

5:02PM TCHONG TAN HENG CHEW (35,200 units Acquired)

5:02PM TCHONG TAN HENG CHEW (35,200 units Acquired)

5:02PM TCHONG KHOR SWEE WAH @ KOH BEE LENG (35,200 units Acquired)


Tuesday, 31 Mar 2020

5:41PM TCHONG TAN HENG CHEW (50,400 units Acquired)

5:41PM TCHONG KHOR SWEE WAH @ KOH BEE LENG (52,400 units Acquired)

5:41PM TCHONG TAN HENG CHEW (52,400 units Acquired)


Friday, 27 Mar 2020

5:30PM TCHONG TAN HENG CHEW (49,900 units Acquired)

5:30PM TCHONG TAN HENG CHEW (49,900 units Acquired)

5:30PM TCHONG KHOR SWEE WAH @ KOH BEE LENG (49,900 units Acquired)

5:29PM TCHONG EMPLOYEES PROVIDENT FUND BOARD (229,200 units Acquired)

5:29PM TCHONG EMPLOYEES PROVIDENT FUND BOARD (205,800 units Acquired)

5:29PM TCHONG EMPLOYEES PROVIDENT FUND BOARD (63,800 units Acquired)

5:29PM TCHONG EMPLOYEES PROVIDENT FUND BOARD (1,000,000 units Acquired)

5:28PM TCHONG EMPLOYEES PROVIDENT FUND BOARD (30,300 units Acquired)

5:28PM TCHONG EMPLOYEES PROVIDENT FUND BOARD (130,400 units Acquired)


Wednesday, 25 Mar 2020

5:01PM TCHONG TAN HENG CHEW (89,000 units Acquired)

5:01PM TCHONG KHOR SWEE WAH @ KOH BEE LENG (89,000 units Acquired)

5:01PM TCHONG TAN HENG CHEW (89,000 units Acquired)


Monday, 23 Mar 2020

5:05PM TCHONG TAN HENG CHEW (99,500 units Acquired)

5:05PM TCHONG TAN HENG CHEW (99,500 units Acquired)

5:05PM TCHONG KHOR SWEE WAH @ KOH BEE LENG (99,500 units Acquired)


Thursday, 19 Mar 2020

6:15PM TCHONG TAN HENG CHEW (31,000 units Acquired)

6:15PM TCHONG TAN HENG CHEW (31,000 units Acquired)

6:15PM TCHONG KHOR SWEE WAH @ KOH BEE LENG (31,000 units Acquired)


Tuesday, 17 Mar 2020

5:24PM TCHONG TAN HENG CHEW (30,000 units Acquired)

5:24PM TCHONG TAN HENG CHEW (30,000 units Acquired)

5:24PM TCHONG KHOR SWEE WAH @ KOH BEE LENG (30,000 units Acquired)

5:23PM TCHONG EMPLOYEES PROVIDENT FUND BOARD (6,600 units Acquired)


Monday, 16 Mar 2020

5:28PM TCHONG TAN HENG CHEW (120,000 units Acquired)

5:28PM TCHONG KHOR SWEE WAH @ KOH BEE LENG (120,000 units Acquired)

5:28PM TCHONG TAN HENG CHEW (120,000 units Acquired)

tuapuikia

2,346 posts

Posted by tuapuikia > 2020-05-19 00:48 | Report Abuse

limit up tomorrow!!

shpg22

2,984 posts

Posted by shpg22 > 2020-05-19 09:37 | Report Abuse

0.50 incoming

waikee

63 posts

Posted by waikee > 2020-05-19 10:08 | Report Abuse

nissan lose to mazda japanese car overtake no 3 in malaysia market

addy

90 posts

Posted by addy > 2020-05-24 15:09 | Report Abuse

my friend working in hong leong bank told me now hong leong bank give car loan ,installment rm1000 per month bank account saving must have cash money 24k for instalment 2years money in 2 year bank to give lending...tightening lending...many bank loan margin give 70% max loans.
example : your bank account saving in year 2018 have 24k until now still have 24k ,bank give lending...if year 2018 bank saving have 10k 2019 year have 15k now have years 2020 have saving 24k bank will rejected loan...

Choongling

190 posts

Posted by Choongling > 2020-05-30 04:28 | Report Abuse

How is TC Q1 result ??

Louise4

389 posts

Posted by Louise4 > 2020-06-18 13:52 |

Post removed.Why?

rosdi

53 posts

Posted by rosdi > 2020-06-20 01:29 | Report Abuse

boss son also don't working in tan chong

rosdi

53 posts

Posted by rosdi > 2020-06-20 01:30 | Report Abuse

GRAB business better than tan chong

DickyMe

14,891 posts

Posted by DickyMe > 2020-07-04 09:52 |

Post removed.Why?

dompeilee

11,888 posts

Posted by dompeilee > 2020-08-12 17:42 | Report Abuse

Bought TChong @ 1.03 & 1.04

dompeilee

11,888 posts

Posted by dompeilee > 2020-08-18 18:22 | Report Abuse

Bought more TChong @ 1.03 & 1.02

Posted by BursaGolfer > 2020-08-19 08:22 | Report Abuse

@xiaodi i read your hlb friend story i wan to laugh. 2018 i got 10K
but 2020 i got 1M in bank and bank doesnt approve loan? Lmfao....

Posted by stupidcar > 2020-08-24 11:28 | Report Abuse

New car coming soon, gonna change the outlook of TC majorly. upup

Good123

26,518 posts

Posted by Good123 > 2020-08-27 06:25 | Report Abuse

SUMMARY OF KEY FINANCIAL INFORMATION
30 Jun 2020

 

INDIVIDUAL PERIOD

CUMULATIVE PERIOD

CURRENT YEAR QUARTER

PRECEDING YEAR
CORRESPONDING
QUARTER

CURRENT YEAR TO DATE

PRECEDING YEAR
CORRESPONDING
PERIOD

30 Jun 2020

30 Jun 2019

30 Jun 2020

30 Jun 2019

$$'000

$$'000

$$'000

$$'000

1Revenue

512,892

1,066,674

1,247,179

2,147,279

2Profit/(loss) before tax

-86,330

40,807

-86,131

70,534

3Profit/(loss) for the period

-84,522

19,052

-99,310

36,269

4Profit/(loss) attributable to ordinary equity holders of the parent

-79,360

19,428

-88,621

35,409

5Basic earnings/(loss) per share (Subunit)

-12.16

2.98

-13.58

5.43

6Proposed/Declared dividend per share (Subunit)

0.00

2.00

0.00

2.00



AS AT END OF CURRENT QUARTER

AS AT PRECEDING FINANCIAL YEAR END

7
Net assets per share attributable to ordinary equity holders of the parent ($$)

4.4800

4.6300

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-09-03 19:08 | Report Abuse

Maintain HOLD, TP: RM1.05. We reiterate HOLD recommendation on TCM with unchanged TP of RM1.05 based on unchanged 10x PE to FY21 earnings. We expect TCM to leverage on SST exemptions period and new Almera launch to ride on improving sales volume in 2HFY20. Nevertheless, we still expect a stiff competitive market environment in Malaysia (several new launches by major OEMs are targeted in 2HFY20 and FY2021), while Indochina remains dragged by Vietnam operations.

Source: Hong Leong Investment Bank Research - 28 Aug 2020

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-09-03 19:10 | Report Abuse

EPF percaya pada tchong, anda? :)

EMPLOYEES PROVIDENT FUND BOARD
28-Aug-2020
Acquired
104,500
0.000

EMPLOYEES PROVIDENT FUND BOARD
27-Aug-2020
Acquired
17,300
0.000

EMPLOYEES PROVIDENT FUND BOARD
26-Aug-2020
Acquired
4,000
0.000

EMPLOYEES PROVIDENT FUND BOARD
25-Aug-2020
Acquired
40,200
0.000

EMPLOYEES PROVIDENT FUND BOARD
24-Aug-2020
Acquired
30,000
0.000

EMPLOYEES PROVIDENT FUND BOARD
21-Aug-2020
Acquired
33,000
0.000

EMPLOYEES PROVIDENT FUND BOARD
19-Aug-2020
Acquired
2,500
0.000

EMPLOYEES PROVIDENT FUND BOARD
18-Aug-2020
Acquired
33,200
0.000

EMPLOYEES PROVIDENT FUND BOARD
17-Aug-2020
Acquired
43,100
0.000

EMPLOYEES PROVIDENT FUND BOARD
14-Aug-2020
Acquired
200
0.000

EMPLOYEES PROVIDENT FUND BOARD
13-Aug-2020
Acquired
18,300
0.000

EMPLOYEES PROVIDENT FUND BOARD
12-Aug-2020
Acquired
27,800
0.000

DATO' TAN HENG CHEW
16-Jul-2020
Acquired
40,000
0.000

DATO' TAN HENG CHEW
15-Jul-2020
Acquired
52,700
0.000

DATO' TAN HENG CHEW
14-Jul-2020
Acquired
126,600
0.000

DATO' TAN HENG CHEW
13-Jul-2020
Acquired
100,000
0.000

DATO' TAN HENG CHEW
10-Jul-2020
Acquired
54,000
0.000

DATO' TAN HENG CHEW
09-Jul-2020
Acquired
76,000
0.000

DATO' TAN HENG CHEW
08-Jul-2020
Acquired
10,000
0.000

DATO' TAN HENG CHEW
07-Jul-2020
Acquired
90,000
0.000

DATO' TAN HENG CHEW
07-Jul-2020
Acquired
20,000
0.000

DATO' TAN HENG CHEW
06-Jul-2020
Acquired
30,000
0.000

DATO' TAN HENG CHEW
06-Jul-2020
Acquired
20,000
0.000

DATO' TAN HENG CHEW
02-Jul-2020
Acquired
6,900
0.000

DATO' TAN HENG CHEW
01-Jul-2020
Acquired
29,500
0.000

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-09-03 19:11 | Report Abuse

Pengarah beli tchong, anda?

DATO' (DR) KHOR SWEE WAH @ KOH BEE LENG
09-Jul-2020
Acquired
76,000
1.114

DATO' TAN HENG CHEW
09-Jul-2020
Acquired
76,000
1.114

DATO' (DR) KHOR SWEE WAH @ KOH BEE LENG
08-Jul-2020
Acquired
10,000
1.100

DATO' TAN HENG CHEW
08-Jul-2020
Acquired
10,000
1.100

DATO' (DR) KHOR SWEE WAH @ KOH BEE LENG
07-Jul-2020
Acquired
90,000
1.110

DATO' (DR) KHOR SWEE WAH @ KOH BEE LENG
07-Jul-2020
Acquired
20,000
1.100

DATO' TAN HENG CHEW
07-Jul-2020
Acquired
90,000
1.110

DATO' TAN HENG CHEW
07-Jul-2020
Acquired
20,000
1.100

DATO' (DR) KHOR SWEE WAH @ KOH BEE LENG
06-Jul-2020
Acquired
30,000
1.100

DATO' (DR) KHOR SWEE WAH @ KOH BEE LENG
06-Jul-2020
Acquired
20,000
1.100

DATO' TAN HENG CHEW
06-Jul-2020
Acquired
30,000
1.100

DATO' TAN HENG CHEW
06-Jul-2020
Acquired
20,000
1.100

DATO' (DR) KHOR SWEE WAH @ KOH BEE LENG
02-Jul-2020
Acquired
6,900
1.080

DATO' TAN HENG CHEW
02-Jul-2020
Acquired
6,900
1.080

DATO' (DR) KHOR SWEE WAH @ KOH BEE LENG
01-Jul-2020
Acquired
29,500
1.080

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-09-03 19:16 | Report Abuse

thirty larGest shareholders as at 29 may 2020
no. name
no. of shares held %
1 Tan Chong Consolidated Sdn Bhd 217,789,240 33.38
2 Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board
41,265,600 6.32
3 Tan Chong Consolidated Sdn Bhd 37,371,100 5.73
4 Cartaban Nominees (Asing) Sdn Bhd Exempt AN for Daiwa Securities Co Ltd Client Acc
37,333,324 5.72
5 Amanahraya Trustees Berhad Amanah Saham Bumiputera
29,000,000 4.44
6 CIMSEC Nominees (Tempatan) Sdn Bhd CIMB Bank for Tan Heng Chew (PBCL-0G0911)
19,968,900 3.06
7 Pang Sew Ha @ Phang Sui Har 18,108,058 2.77
8 Tan Boon Pun 12,650,813 1.94
9 Tan Ban Leong 11,031,929 1.69
10 Tan Beng Keong 11,031,929 1.69
11 Tan Han Chuan 10,933,000 1.68
12 CIMB Group Nominees (Tempatan) Sdn Bhd Pledged Securities Account for Wealthmark Holdings Sdn Bhd (50003 PZDM)
9,087,400 1.39
13 Tan Chong Consolidated Sdn Bhd 8,667,900 1.3
14 Maybank Securities Nominees (Tempatan) Sdn Bhd Pledged Securities Account for Tan Ching Ching
7,621,500 1.17
15 Citigroup Nominees (Asing) Sdn Bhd Exempt AN for UBS Switzerland AG (Clients Assets)
7,283,700 1.12
16 Tan Chee Keong 7,252,295 1.11
17 Tan Hoe Pin 7,252,295 1.11
18 Key Development Sdn Berhad 6,334,400 0.97
19 Public Nominees (Tempatan) Sdn Bhd Pledged Securities Account for Tan Heng Chew (E-KLC)
4,813,600 0.74
20 Chinchoo Investment Sdn Berhad 4,705,000 0.72
21 Gan Teng Siew Realty Sdn Berhad 4,679,000 0.72
22 Amanahraya Trustees Berhad Amanah Saham Malaysia 3
4,602,900 0.71
23 Tan Hoe Pin 4,419,573 0.68
24 Kenanga Nominees (Tempatan) Sdn Bhd Pledged Securities Account for Tan Heng Chew
4,358,700 0.67
25 CIMSEC Nominees (Tempatan) Sdn Bhd CIMB Bank for Khor Swee Wah @ Koh Bee Leng (PBCL-0G0657)
4,338,600 0.66
26 Lee Lang 4,216,130 0.65
27 UOB Kay Hian Nominees (Asing) Sdn Bhd Exempt AN for UOB Kay Hian Pte Ltd (A/C Clients)
3,896,442 0.60
28 CIMB Group Nominees (Asing) Sdn Bhd Exempt AN for DBS Bank Ltd (SFS)
3,881,000 0.59
29 CIMSEC Nominees (Tempatan) Sdn Bhd CIMB for Khor Swee Wah @ Koh Bee Leng (PB)
3,820,690 0.59
30 Tan Chee Keong 3,779,634 0.58
total 551,494,652 84.53

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-09-03 19:20 | Report Abuse

Anthony Lim 19 May 2020 6:10 pm
SPYSHOTS: 2020 Nissan Almera sighted again in KL



The all-new, fourth generation N18 Nissan Almera has been spied again undergoing road trials in Kuala Lumpur. Reader Eric Foong spotted the car earlier today somewhere in Mont Kiara and managed to snap a few photos of it from behind.

It’s the third time the Almera has been sighted, and the second instance where it has been caught on camera while on public roads – the first was in December last year, when two examples (one silver, one white) were caught testing along Jalan Dutamas Raya.

The white example today features the same rear end camo, with its boot lid and rear lights masked. While no front end photos were taken today, it’s safe to presume that the front end is clad in the same fashion as it was late last year.

Edaran Tan Chong Motor confirmed last year that B-segment sedan will be introduced in Malaysia sometime this year, although the Covid-19 outbreak will likely have impacted its launch timeline – to what extent remains to be seen.

2020 Nissan Almera spyshots May 0a 2020 Nissan Almera Malaysia spyshots 4
The Almera spotted today (left) has a different lower bumper section than the white unit spied last December.
Based on the previous spyshot set, local consumers can expect there to be a few variants grades, the visual indicators being different headlight systems (halogen on lower-spec and LED, on higher) and wheels in different designs and sizes.

The white car spotted back in December was what should be the higher-spec version, but it’s not the same example as today’s white unit, because it has a different lower section without a body-coloured diffuser insert, which would indicate it to be a lower-spec unit. LED tail lights look to be standard issue across the range.

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-09-03 19:21 | Report Abuse

New Almera Will be launched By Tchong anytime probably :)

Good123

26,518 posts

Posted by Good123 > 2020-09-03 20:06 | Report Abuse

expecting 10-20sen jump in share price upon launching new Almera in Malaysia anytime from now

Good123

26,518 posts

Posted by Good123 > 2020-09-03 20:07 | Report Abuse

EPF is buying continuously, maybe we do not know like what EPF knew :)

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-09-03 20:13 | Report Abuse

Yup, like Lelong price now :)

Date Close Volume
02/09/2020 1.03 6,300
01/09/2020 1.03 154,200
28/08/2020 1.04 324,700
27/08/2020 1.03 34,300
26/08/2020 1.02 40,200
25/08/2020 1.02 152,800
24/08/2020 1.01 205,500
21/08/2020 1.02 195,500
19/08/2020 1.04 16,500
18/08/2020 1.03 113,800
17/08/2020 1.04 228,100
14/08/2020 1.03 93,500
13/08/2020 1.03 66,000
12/08/2020 1.04 91,000
11/08/2020 1.06 54,100
10/08/2020 1.06 73,700
07/08/2020 1.05 19,000
06/08/2020 1.04 110,000

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-09-03 20:15 | Report Abuse

Dividend yield~4%, more than double FD rates :)


Subject Amount Ex Date
Final Dividend 0.0200 19/08/2020
Interim Dividend 0.02 11/09/2019
Final Dividend 0.02 04/06/2019
Interim Dividend 0.02 05/09/2018
Final Dividend 0.01 30/05/2018

Good123

26,518 posts

Posted by Good123 > 2020-09-04 06:19 | Report Abuse

Geographical segment reporting for the current year-to-date period:
30.06.2020 30.06.2019 30.06.2020 30.06.2019 30.06.2020 30.06.2019 30.06.2020 30.06.2019
RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000
External
revenue 960,229 1,618,516 141,358 342,679 145,592 1,247,179 186,084 2,147,279
Segment
EBITDA 39,688 159,791 (39,478) (9,445) 13,997 14,207 14,866 165,212

Good123

26,518 posts

Posted by Good123 > 2020-09-04 06:23 | Report Abuse

Business segment reporting for the current year-to-date period:
30.06.2020 30.06.2019 30.06.2020 30.06.2019 30.06.2020 30.06.2019 30.06.2020 30.06.2019
RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000
External
revenue 2,096,615 1,202,207 34,493 43,337 10,479 7,327 1,247,179 2,147,279
Inter-segment
revenue 1,770 680 2,293 12 40,949 36,132 43,922 37,914
Segment
EBITDA* 149,554 10,298 (12,952) 12,820 16,861 2,838 14,207 165,212
*Segment earnings before interest, taxation, depreciation and amortisation
Reconciliation of reportable segment profit or loss:
30.06.2020 30.06.2019
RM’000 RM’000
165,212 14,207
(60,430) (66,801)
(37,712) (34,035)
11,857 7,346
1,579 464
(9,972) (7,312)
70,534 (86,131)
Other operations
Consolidated (loss)/ profit before taxation
Interest expense
Interest income
Unallocated corporate expenses
Share of profit of equity-accounted investees not included in repo

Good123

26,518 posts

Posted by Good123 > 2020-09-04 07:13 | Report Abuse

possible for grab to acquire tan Chong now?
en.m.wikipedia.org › wiki › Grab_(...

Web results

Grab (company) - Wikipedia

Grab Holdings Inc., commonly known as Grab, is a multinational ride-hailing company ... Motivated to make taxi rides safer in Malaysia, Tan launched the "My Teksi" ... Chong, Elena (25 November 2017).

Founders: Anthony Tan; Tan Hooi Ling

Founded: June 2012; 8 years ago (as GrabTaxi)

Services: Vehicle for hire; Delivery (commerce)

Number of employees: 6,000 (2019)

Operations

History

Number of users

Funding

Research

Reception

Regulation

www.nst.com.my

How Grab's M'sian CEO steered it out of a garage in KL into a US$10 billion company

28 Jul 2018 · said Tan, co-founder and chief executive officer of Singapore-based Grab, Southeast Asia's most valuable tech start-up.

www.frasindo.com › media › get-to...

Get to Know Anthony Tan, The Rich Man From Malaysia Creator of Grab ...

Grab triggered a wealthy Malaysian man named Anthony Tan. ... His grandfather pioneered the company Tan Chong Motor which until now circulate ...

People also ask

Who owns grab Philippines?



Who is the owner of Grab Malaysia?

Anthony Tan

2019 Malaysia's 50 Richest NET WORTH

Anthony Tan is the chief executive and co-founder of Southeast Asia's dominant ride-hailing app, Grab, the region's first unicorn.



www.forbes.com › anthony-tan

Anthony Tan's Grab Hits $6B Valuation As The Ride ... - Forbes

More results

Who are the founders of grab?

How much is Anthony Tan worth?



What country is uber from?

How many grab drivers are there in Malaysia?



Feedback

www.thestar.com.my

Web results

Driving Malaysia forward

31 Aug 2018 · His family owns Tan Chong Motor Holdings Bhd, one of the ... From an “experimental” start-up in Malaysia, Grab has since grown into a ...

www.theedgemarkets.com

Newsmakers 2017: The Tans behind Southeast Asia's highest value tech ...

5 Jan 2018 · Co-founder and group CEO, Grab. Anthony is the grandson of one of two brothers who founded the Tan Chong Motor Group in Malaysia ...

www.todayonline.com

Grab co-founder Tan Hooi Ling has had to work hard to embrace the spotlight

7 Jun 2019 · Back then, her business partner was better known as the scion of Tan Chong Motor, a Malaysian firm founded by his grandfather, which  ...

www.scmp.com › tech › article

How Grab's CEO steered it from a garage in Malaysia to Southeast ...

28 Jul 2018 · Tan, who had worked as a marketing director for Tan Chong Motor before starting Grab, first brought the idea for the

Good123

26,518 posts

Posted by Good123 > 2020-09-04 07:48 | Report Abuse

In July, TIV rose to more than 50,000 units, from an all-time low of 141 units in April this year. Meanwhile, total exports grew 3.1% in July, marking the second consecutive month of expansion.

Good123

26,518 posts

Posted by Good123 > 2020-09-04 07:48 | Report Abuse

Bank Islam Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid (pic below) noted that there were signs of economic recovery at present, backed by a pick-up in total industry volume (TIV) for the automotive industry, total exports growth, as well as a slight decline in the unemployment rate.

Good123

26,518 posts

Posted by Good123 > 2020-09-04 08:06 | Report Abuse

CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2020 (continued)
As at As at
30.06.2020 31.12.2019
RM'000 RM'000
EQUITY AND LIABILITIES
Equity
Share capital 336,000 336,000
Reserves 2,708,944 2,612,075
Treasury shares (25,364) (25,566)
Total equity attributable to owners of the Company 3,019,580 2,922,509
Non-controlling interests (11,548) (22,025)
Total equity 3,008,032 2,900,484
Non-current liabilities
Borrowings 499,286 499,468
Lease liabilities 72,754 71,474
Employee benefits 81,988 84,459
Deferred tax liabilities 213,100 209,949
Contract liabilities 59,670 56,112
926,798 921,462
Current liabilities
Borrowings 1,096,854 1,370,690
Lease liabilities 32,654 35,309
Derivative financial liabilities 690 1,689
Taxation 5,770 13,232
Contract liabilities 21,565 22,852
Payables and accruals 740,852 506,013
1,898,385 1,949,785
Total liabilities 2,825,183 2,871,247
TOTAL EQUITY AND LIABILITIES 5,833,215 5,771,731
Net assets per share attributable to owners of the Company (RM) 4.48 4.63

Good123

26,518 posts

Posted by Good123 > 2020-09-04 08:07 | Report Abuse

more than rm25mil treasury shares, can distributed as share Dividend

Good123

26,518 posts

Posted by Good123 > 2020-09-04 08:08 | Report Abuse

net assets per share~rm4.48, market price now, rm1.0

Good123

26,518 posts

Posted by Good123 > 2020-09-04 08:43 | Report Abuse

tchong also has provided impairment cost in the first half due to hire purchase loans. 

PETALING JAYA: Elk-Desa Resources Bhd, a non-bank lender focused on the used-car segment, says it would concentrate on protecting the quality of its assets while positioning to take advantage of the eventual market recovery.

Group executive director and chief financial officer Teoh Seng Hee said: “Under the current circumstances, we are intensifying our credit risk management.

“As such, we do not expect to grow our hire-purchase receivables significantly in the immediate term.

“Concurrently, we are also paying close attention to credit recovery initiatives. Protecting our shareholders’ value is a priority at this juncture, ” he said in a statement following the group’s AGM.

Teoh said the group was now seeing encouraging collection trends from May to August 2020 as the economy gradually opened up.

“Based on this trend and barring further acute disruptions, we do not foresee a marked increase in impairment or elevated non-performing loans to persist, ” he said.


PETALING JAYA: Elk-Desa Resources Bhd, a non-bank lender focused on the used-car segment, says it would concentrate on protecting the quality of its assets while positioning to take advantage of the eventual market recovery.

Group executive director and chief financial officer Teoh Seng Hee said: “Under the current circumstances, we are intensifying our credit risk management.

“As such, we do not expect to grow our hire-purchase receivables significantly in the immediate term.

“Concurrently, we are also paying close attention to credit recovery initiatives. Protecting our shareholders’ value is a priority at this juncture, ” he said in a statement following the group’s AGM.

Teoh said the group was now seeing encouraging collection trends from May to August 2020 as the economy gradually opened up.

“Based on this trend and barring further acute disruptions, we do not foresee a marked increase in impairment or elevated non-performing loans to persist, ” he said.

Good123

26,518 posts

Posted by Good123 > 2020-09-04 08:45 | Report Abuse

OTW The new Almera isn't a class-act but a worthy successor to the previous model. Many people merely need a car rather than wanting to drive one. So they'd just either go for a roomy and comfy package or one with nice financial offers.Feb 16, 2020



www.bangkokpost.com › auto › nis...

Nissan Almera 1.0 Turbo VL (2020) review - Bangkok Post

Good123

26,518 posts

Posted by Good123 > 2020-09-04 09:22 | Report Abuse

tchong should launch Almera ASAP

Good123

26,518 posts

Posted by Good123 > 2020-09-04 20:07 | Report Abuse

Changes in Sub. S-hldr's Int (Section 138 of CA 2016)

TAN CHONG MOTOR HOLDINGS BERHAD

Particulars of substantial Securities Holder

NameEMPLOYEES PROVIDENT FUND BOARDAddressTingkat 19, Bangunan KWSP
Jalan Raja Laut
Kuala Lumpur
50350 Wilayah Persekutuan
Malaysia.Company No.EPF ACT 1991Nationality/Country of incorporationMalaysiaDescriptions (Class)Ordinary shares

Details of changes

NoDate of change

No of securities

Type of TransactionNature of Interest101 Sep 2020

50,900

AcquiredDirect InterestName of registered holderCitigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund BoardAddress of registered holderLevel 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala LumpurDescription of "Others" Type of Transaction
Circumstances by reason of which change has occurredAcquisition of SharesNature of interestDirect InterestDirect (units)41,680,600Direct (%)6.388Indirect/deemed interest (units)0Indirect/deemed interest (%)0Total no of securities after change41,680,600Date of notice02 Sep 2020Date notice received by Listed Issuer04 Sep 2020


Remarks :The percentage shareholding of Employees Provident Fund Board's direct interest is computed based on the total number of issued shares of the Company (less treasury shares) of 652,450,000 shares.


Announcement Info

Company NameTAN CHONG MOTOR HOLDINGS BERHADStock NameTCHONGDate Announced04 Sep 2020CategoryChange in the Interest of Substantial Shareholder Pursuant to Section 138 of CA 2016Reference NumberCS2-04092020-00047

Good123

26,518 posts

Posted by Good123 > 2020-09-04 21:46 | Report Abuse

Edaran Tan Chong Motor (ETCM), the official distributor of Nissan vehicles in Malaysia, has given selected members of the media a preview of the upcoming all-new 2020 Nissan Almera.

This comes roughly a week after Honda Malaysia previewed the equally-new Honda City RS i-MMD.

After spending some time checking the all-new Nissan Almera out, here are the eight features we get that Thailand doesn’t get.

16-inch alloy wheels

Good123

26,518 posts

Posted by Good123 > 2020-09-04 21:47 | Report Abuse

All-new 2020 Nissan Almera – 8 Features we get that Thailand doesn’t



Eric

Sep 04,2020 07:00 PM



Edaran Tan Chong Motor (ETCM), the official distributor of Nissan vehicles in Malaysia, has given selected members of the media a preview of the upcoming all-new 2020 Nissan Almera.

This comes roughly a week after Honda Malaysia previewed the equally-new Honda City RS i-MMD.

Good123

26,518 posts

Posted by Good123 > 2020-09-04 21:48 | Report Abuse

tchong share price is expected to rise next week

Good123

26,518 posts

Posted by Good123 > 2020-09-05 07:12 | Report Abuse

New Almera to boost Tan Chong Motor, says MIDF - FocusMalaysia

5 Mar 2020 · ... Tan Chong Motor Holdings Bhd (TCM) to a buy with an unchanged target price of RM1.30, citing the new Nissan Almera launch slated ...

www.wapcar.my › news

All-new 2020 Nissan Almera to get turbocharged engine in Malaysia ...

3 Aug 2020 · ... all-new City on Facebook, Edaran Tan Chong Motor (ETCM) ... Spied: All-new 2020 Nissan Almera seen, year-end launch ...

klse.i3investor.com › midfresearch

Tan Chong - Reaching An Inflection Point - MIDF Sector Research ...

5 Mar 2020 · New Almera launch in 2H20. At its briefing yesterday, Tan Chong revealed its plans to launch the new Nissan Almera in 2HFY20.

www.tcibs.com.my › tan-chong-lau...

Tan Chong launches TC Warranty Plus – extended warranty packages ...

... Tan Chong Motor Holdings, has announced the launch of an extended warranty programme for Nissan owners, specifically for Almera, Serena S- Hybrid

Good123

26,518 posts

Posted by Good123 > 2020-09-05 08:31 | Report Abuse

no wonder EPF continues to buy tchong shares. preview for new Almera car has begun for selective groip

Good123

26,518 posts

Posted by Good123 > 2020-09-05 08:33 | Report Abuse

TCM to leverage on SST exemptions period and new Almera launch to ride on improving sales volume in 2HFY20.

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-09-05 17:10 | Report Abuse

Anthony Lim 04 Sep 2020 5:00 pm
2020 Nissan Almera Turbo in Malaysia – 1.0 litre turbo CVT, AEB on all three variants, from RM8xk to RM9xk



Edaran Tan Chong Motor (ETCM) has officially revealed full specifications of the 2020 Nissan Almera, doing so at a special preview of the car earlier today. Although an official launch date has not been finalised, it is expected to go on sale in October. The order books for the car will open from tomorrow, September 5, and it will be previewed at selected Nissan showrooms nationwide over two weekends (September 5-6 and 11-13).

Good123

26,518 posts

Posted by Good123 > 2020-09-06 10:16 | Report Abuse

boosting car sale too as with interest rate decreases :)


The Monetary Policy Committee (MPC) meeting is scheduled on Thursday, Sept 10 with a number of analysts expecting a 25-basis point cut in the OPR.

KUALA LUMPUR: The ringgit is expected to trade in a tight range this week with all eyes on the overnight policy rate (OPR) review.

Bank Islam Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the statement from Bank Negara Malaysia (BNM) should be closely watched especially on how the central bank sees the economy post-automatic moratorium period, which will expire at month-end.

The Monetary Policy Committee (MPC) meeting is scheduled on Thursday, Sept 10 with a number of analysts expecting a 25-basis point cut in the OPR.

"Recent data points have been quite mixed. We saw July export better than expected when it grew 3.1 per cent but August Purchasing Managers' Index (PMI) fell below 50-point demarcation line," he told Bernama.

Malaysia’s exports increased 3.1 per cent year-on-year in July, albeit at a slower rate than June’s 8.0 per cent.

In terms of value, it was the second highest at RM92.5 billion, after the record high in 2018, compared with June’s RM82.8 billion, signalling that the economy is gradually recovering from the second-quarter economic slump, said Kenanga Research.

In the second quarter, the economy contracted by 17.1 per cent from a marginal growth of 0.7 per cent registered in the first quarter.

The headline IHS Markit Malaysia PMI - a composite single-figure indicator of the manufacturing performance - dipped to 49.3 in August from 50.0 in July.

The IHS Markit said manufacturing production was stable in August, but lost some of the momentum seen during the initial rebound from the lockdown and the latest reading followed a joint-record expansion in June and further growth in July.

On a Friday-to-Friday basis, the ringgit strengthened against the US dollar at 4.1470/1520 from 4.1630/1680 in the previous week.

It hit 4.1400 level, the highest range in seven months, on Tuesday after a three-day weekend due to the National Day celebration on Monday.

The ringgit also traded higher against the Singapore dollar to 3.0410/0458 from 3.0581/0629 last Friday and rose versus the yen to 3.9393/9444 compared with 3.9561/9583.

The local unit climbed vis-a-vis the British pound to 5.5143/5213 from 5.5251/5322 and appreciated against the euro to 4.9150/9214 from 4.9486/9562 previously. - Bernama

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