Good123

https://foton-global.com/products.html

1 month ago

Good123

Potential Honda-Nissan merger could be the first of many as carmakers try to challenge China
Potential Honda-Nissan merger could be the first of many as carmakers try to challenge China
Japanese carmakers Honda and Nissan are reportedly considering a merger — a sign that major global manufacturers are joining forces to compete against their ...

CBC via Yahoo

12 hours ago

1 month ago

Good123

Transformation Plan: Nissan NEXT
Home
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Vision & Business Plan
Transformation Plan: Nissan NEXT
Nissan announced its transformation plan, Nissan NEXT, in May 2020. The four-year plan aims to achieve sustainable growth, financial stability and profitability by the end of March 2023. Accordingly, Nissan is prioritizing and investing in business areas that are expected to deliver a solid recovery and sustainable growth. The company aims to achieve a 5% operating profit margin and a sustainable global market share of 6% by the end of FY23.

https://www.nissan-global.com/EN/COMPANY/PLAN/NEXT/

1 month ago

Good123

History
Date Price Change Dir-Volume Day Volume Dir-Value Day Value Avg Price % of Total Share Remarks
22/01/2024 00:00:00 0.9000 -0.1000 65,700 65,700 59,130 59,130 0.9000 0.0098 -
26/10/2023 00:00:00 1.0400 0.0100 50,000 50,000 52,000 52,000 1.0400 0.0074 -
06/03/2023 00:00:00 1.1400 - 5,000 5,000 5,700 5,700 1.1400 0.0007 -
23/07/2021 00:00:00 1.1700 - 1,000 1,000 1,170 1,170 1.1700 0.0001 -
22/07/2021 00:00:00 1.1700 - 250,000 250,000 292,500 292,500 1.1700 0.0372 -

Summary from 19/02/2009 to 22/01/2024
Highest Price 6.7300 First Occurred on 27/11/2013
Lowest Price 0.9000 First Occurred on 22/01/2024
Highest Volume 11.000m First Occurred on 12/03/2010

1 month ago

Good123

GAC MOTOR ranked first for 8 consecutive years in J.D.power china initial quality study（IQS）

1 month ago

Good123

Honda, Japan's second-largest car company, and Nissan, its third-largest, are in talks to deepen ties with an eye on potentially setting up a holding company, according to two people familiar with the matter. One of the people said the automakers are also discussing a potential merger.

1 month ago

Good123

A merger could create the world's third-largest auto group by vehicle sales behind Toyota (NYSE:TM) and Volkswagen (ETR:VOWG_p), with an annual output of 7.4 million vehicles.

The two automakers forged a strategic partnership in March to cooperate in electric vehicle development, but Nissan has faced ongoing financial and strategic troubles in recent months.

1 month ago

Good123

TOKYO (Reuters) - Honda (NYSE:HMC) and Nissan (OTC:NSANY) are expected on Monday to announce the start of business integration talks, according to Japanese media reports, as the automakers look to survive a rapidly changing industry landscape.

4 weeks ago

Good123

Nissan honda ---> merger; tchong will be beneficial

4 weeks ago

Good123

merger of nissan & honda globally lead to merger btwn drb & chong? 😜

4 weeks ago

Good123

A global merger between Honda and Nissan could potentially lead to a merger between Tan Chong Motor Holdings Berhad (Tan Chong) and DRB-HICOM Berhad due to several interconnected reasons tied to the automotive supply chain, market dynamics, and local partnerships in Malaysia. Here’s why:

1. Consolidation of Local Distributors
• Tan Chong is historically linked with Nissan as its distributor and assembler in Malaysia.
• DRB-HICOM is linked to Honda through its joint ventures and distribution agreements.
• A global Honda-Nissan merger might streamline operations by combining their local partnerships, leading to a natural consolidation of Tan Chong and DRB-HICOM to avoid overlapping resources.

2. Operational Synergies
• Combining Tan Chong and DRB-HICOM could reduce competition between the two and create cost efficiencies in areas like logistics, production, and dealership networks.
• It could also lead to joint ventures in production plants, optimizing assembly lines for both brands under a unified management structure.

3. Market Alignment and Strategy
• A merger would enable the companies to align their strategies to remain competitive against regional players like Perodua and Proton.
• By combining their resources, they could better position themselves to capture market share and innovate in areas such as electric vehicles (EVs) and hybrid technology.

4. Regulatory Considerations
• In Malaysia, the government often encourages consolidation in industries to strengthen local companies’ competitive advantage in the global market. A Tan Chong-DRB merger might align with such policies.

5. Impact of Global Decisions on Local Partners
• If Honda and Nissan globally decide to centralize operations or adopt a unified branding strategy, it could necessitate a unified local partner in Malaysia, prompting a merger between their current distributors.

4 weeks ago

Good123

A merger between Tan Chong and DRB-HICOM, driven by a global Honda-Nissan merger, would have significant implications for Malaysia’s automotive market. Here’s an analysis of the potential effects:

1. Enhanced Market Position
• Dominance in Passenger Vehicles: The combined entity would control a substantial portion of the passenger vehicle market, leveraging both Honda’s and Nissan’s brand strengths.
• Stronger Competition Against Perodua and Proton: The merger could create a formidable competitor to Perodua and Proton, especially in the B-segment and C-segment car categories.

2. Accelerated Shift Toward Electric Vehicles (EVs)
• EV Development and Rollout: Honda and Nissan are global leaders in hybrid and electric vehicle technologies (e.g., Nissan Leaf, Honda e). A local merger could accelerate EV adoption in Malaysia by pooling resources for R&D, manufacturing, and infrastructure.
• Government Incentives: The Malaysian government is actively promoting EVs. The new entity might benefit from tax incentives, grants, and policies aimed at EV adoption.

3. Consolidation of Dealership Networks
• Rationalization of Outlets: The merger could lead to the restructuring of dealership networks, resulting in cost savings. However, smaller or overlapping dealerships might face closures or realignments.
• Improved Customer Experience: The combined entity could standardize service quality and offer a broader range of models, boosting consumer confidence.

4. Supply Chain and Production Synergies
• Local Assembly: Both Tan Chong and DRB-HICOM own assembly plants in Malaysia. The merger could result in optimized production lines, potentially increasing economies of scale and reducing costs.
• Parts Localization: Increased production volumes might encourage more local sourcing of components, benefiting Malaysia’s automotive supply chain.

5. Impact on Competitors
• Pressure on Smaller Players: Other brands like Toyota, Kia, and Hyundai might face intensified competition, especially in pricing and distribution networks.
• Potential Partnerships: To counterbalance the merger’s influence, competitors might form new alliances or enhance their local operations.

6. Workforce Implications
• Job Consolidation: While some redundancies might occur in overlapping roles (e.g., management and dealerships), new opportunities might arise in EV development, production, and marketing.
• Upskilling: Employees may need to be upskilled in EV technologies and production processes.

7. Consumer Benefits
• Broader Product Range: Consumers could access an expanded lineup of vehicles under one umbrella, ranging from budget-friendly models to premium offerings.
• Competitive Pricing: Cost efficiencies might translate into more competitive vehicle pricing or promotions.
• Improved After-Sales Service: A unified approach to servicing and warranties could benefit customers.

8. Challenges
• Cultural Integration: Aligning corporate cultures and management styles between Tan Chong and DRB-HICOM could be complex.
• Regulatory Approvals: The merger would require approval from Malaysian authorities, including the Ministry of International Trade and Industry (MITI) and the Malaysia Competition Commission (MyCC), to ensure fair market practices.
• Brand Identity: Balancing the distinct brand identities of Honda and Nissan under one distributor might be challenging.

Conclusion

A merger between Tan Chong and DRB-HICOM could transform Malaysia’s automotive landscape by creating a stronger, more competitive player. It would likely benefit consumers, enhance local production, and drive innovation, especially in EVs. However, it could also challenge smaller competitors and require careful management to avoid market disruptions.

4 weeks ago

Good123

Share swap: 1 drb share for every 2 tanchong shares

4 weeks ago

Good123

tchong banyk tanah, dll belum revalued + production facility yg mantap bagi semua pengeluar kereta. Drb-tchong merger the last puzzle in the local auto indutri

4 weeks ago

Good123

geely ev can use tchong production facility to produce ev after drb-tanchong merger

4 weeks ago

Good123

Hopefully drb offers 3 drb shares for each tanchong share.

4 weeks ago

Good123

Nissan Honda & proton under the merged entity can defeat toyota-perodua

4 weeks ago

Good123

Tan Chong Motor Holdings Berhad (TCMH), a Malaysian conglomerate involved in the automotive, finance, and property sectors, still holds potential for several reasons:

1. Diverse Business Portfolio
Automotive Sector: Tan Chong is a well-established player in the automotive market, especially in distributing Nissan vehicles in Malaysia and other Southeast Asian countries. Despite the challenges faced by the automotive industry (such as supply chain issues and rising production costs), the growing demand for vehicles in emerging markets remains a positive indicator for Tan Chong's long-term prospects.
Finance & Insurance: The company has also been involved in providing financing solutions for car buyers. This segment could continue to perform well, especially with the growing middle class in Southeast Asia, who are more likely to need financing for vehicle purchases.
Property Development: Tan Chong's real estate ventures may also contribute positively to its bottom line, particularly if the property market in Malaysia or the surrounding region sees recovery or growth.
2. Strong Market Position in Southeast Asia
Tan Chong has a well-established distribution network across Southeast Asia, which can provide a competitive edge, especially in high-growth markets like Vietnam, Indonesia, and the Philippines. The brand's strong presence in these markets can help it tap into the growing middle class, increasing demand for automobiles and related services.
3. Strategic Partnerships
Nissan Alliance: Tan Chong has a long-term relationship with Nissan, which gives it access to a wide range of vehicles, from traditional combustion-engine cars to electric vehicles (EVs). As the global automotive industry shifts towards electric mobility, Tan Chong's ability to distribute Nissan’s EV models (such as the Nissan Leaf) in the region could position the company well.
Technological Advancements: Tan Chong is also likely to benefit from advancements in vehicle technology, including autonomous driving, safety features, and connectivity. If it leverages these innovations effectively, it can enhance its market appeal.
4. Growth in Electric Vehicle (EV) Market
The EV trend is expected to take off globally, and Southeast Asia is no exception. While Malaysia’s adoption rate is still in its early stages, governments are showing increasing interest in promoting EVs, with incentives such as tax rebates, reduced duties, and the development of EV infrastructure. Tan Chong has the potential to capitalize on this trend, especially if it secures more EV offerings from its global partners.
5. Recovery of Post-Pandemic Economy
Malaysia's economy and consumer sentiment are recovering from the impacts of the COVID-19 pandemic. As consumer spending picks up, there could be renewed demand for both vehicles and related financing, helping Tan Chong to achieve better sales.
6. Cost Control and Operational Efficiencies
Like many companies, Tan Chong has been focusing on improving cost efficiencies and managing its operations more effectively. Its ability to manage supply chain disruptions, reduce costs, and enhance operational efficiency could help improve profitability in a challenging environment.
7. Government Support and Regulations
The Malaysian government has been offering various incentives to the automotive sector, including tax breaks, subsidies for electric vehicles, and promoting green technology. These measures could benefit Tan Chong, particularly if they focus on supporting the sales of new energy vehicles (NEVs).
8. Brand Loyalty and Reputation
Nissan, as one of the brands represented by Tan Chong, has a strong reputation for quality and reliability in the Southeast Asian market. This brand loyalty can help Tan Chong maintain a steady customer base even in tough economic conditions.
Risks and Considerations
While there is potential, there are also risks:

Competition: The automotive industry is highly competitive, with numerous players entering Southeast Asia, especially from China (like BYD and Great Wall Motors), and other established brands like Toyota, Honda, and Hyundai.
Economic Volatility: The macroeconomic conditions in the region, including inflation and currency fluctuations, could affect consumer spending and the company’s profitability.
Transition to EVs: The shift towards electric vehicles poses challenges, as Tan Chong needs to adapt its infrastructure, sales network, and offerings to meet growing demand for EVs.
Conclusion
Tan Chong’s potential lies in its diversified business model, strong regional presence, and adaptability to global trends like the rise of electric vehicles. If it can continue to innovate and leverage its partnerships effectively, the company stands a good chance of growing, even amid market challenges.

3 weeks ago

Good123

2024-12-24

Insider

DATO' TAN HENG CHEW (a substantial shareholder) acquired 40,000 shares on 19-Dec-2024.

2024-12-24

Insider

DATO' TAN HENG CHEW (a company director) acquired 10,000 shares at 0.400 on 20-Dec-2024.

2024-12-24

Insider

DATO' TAN HENG CHEW (a company director) acquired 40,000 shares at 0.420 on 19-Dec-2024.

2024-12-23

Insider

TAN CHONG MOTOR HOLDINGS BHD buyback 10,000 shares from 0.475 to 0.480 on 10-Dec-2024.

2024-12-18

Insider

DATO' TAN HENG CHEW (a substantial shareholder) acquired 30,000 shares on 17-Dec-2024.

2024-12-18

Insider

DATO' TAN HENG CHEW (a substantial shareholder) acquired 30,000 shares on 16-Dec-2024.

2024-12-18

Insider

DATO' TAN HENG CHEW (a company director) acquired 30,000 shares at 0.420 on 17-Dec-2024.

2024-12-18

Insider

DATO' TAN HENG CHEW (a company director) acquired 30,000 shares at 0.430 on 16-Dec-2024.

2024-12-18

Insider

DATO' TAN HENG CHEW (a company director) acquired 10,000 shares at 0.450 on 13-Dec-2024.

3 weeks ago

Good123

Last Price

0.405

Avg Target Price

0.63

Upside/Downside

+0.225 (55.56%)

3 weeks ago

Good123

Honda-Nissan Merger: Strategic Implications
Reasons for Potential Merger:
Economies of Scale: Cost reduction and improved profitability through combined resources and operations.
Electrification & Tech Advancements: Pooling resources for EV development, autonomous driving, and other emerging technologies.
Access to New Markets: Combined geographic reach, with Nissan strong in Southeast Asia and Honda in North America and Japan.
Global Competition: Ability to better compete against other major automakers (Toyota, Volkswagen, Chinese EV makers).
Challenges:
Brand Identity: Potential dilution of distinct brand identities (Honda’s reputation for motorcycles and small cars, Nissan’s for larger cars and EVs).
Corporate Culture: Integration challenges due to different company cultures and management styles.
Regulatory Approval: Scrutiny from competition regulators, especially in Japan, the U.S., and the EU.
Southeast Asia Focus:
Stronger position in Southeast Asia, a growing market for cars, especially EVs.
Could leverage regional production capabilities and distribution networks for growth in ASEAN.
DRB-HICOM and Tan Chong: Potential Strategic Synergies
DRB-HICOM Overview:
Parent company of Proton, a national car manufacturer in Malaysia.
Involved in Volkswagen Malaysia and partnered with Geely (Chinese automaker).
Tan Chong Overview:
Distributor of Nissan vehicles in Southeast Asia.
Active in automotive retail, after-sales service, and financing.
Synergies & Benefits of a Collaboration:
EV Collaboration: Leverage DRB-HICOM’s Geely (EV expertise) and Tan Chong’s Nissan Leaf (EV offerings) to tap into the growing EV market.
Shared Manufacturing Facilities: Potential to utilize DRB-HICOM’s manufacturing for local production of Nissan models or joint products.
Market Expansion: DRB-HICOM’s presence in Malaysia and Tan Chong’s broader ASEAN reach could help expand market footprint for both.
Cross-Selling Financing: Tan Chong’s financing services could complement DRB-HICOM’s car sales, improving customer offerings.
Supply Chain Efficiencies: Pooling resources for bulk purchasing, shared suppliers, and cost savings.
Challenges:
Brand Overlap: Proton’s budget positioning vs. Nissan’s broader market range; aligning brand strategies could be challenging.
Corporate Governance: Complex decision-making and control structures in a partnership.
Cultural Differences: DRB-HICOM’s diversified business portfolio vs. Tan Chong’s automotive-focused model may lead to strategic misalignment.
Conclusion:
Honda-Nissan Merger: A full merger is unlikely due to challenges but joint ventures (especially in EVs) could make sense to stay competitive globally.
DRB-HICOM-Tan Chong Partnership: A strategic alliance could create synergies, especially in EVs, manufacturing, and market expansion, though governance and brand differences may be challenging.

3 weeks ago

Good123

Tan Chong Motor Holdings (TCMH) is considered "land-rich" due to its substantial holdings in real estate, which add significant value to the company beyond its core automotive business. Here are the key reasons why Tan Chong is seen as land-rich:

1. Real Estate Holdings in Key Locations
Prime Land Assets: Tan Chong owns large tracts of valuable land, especially in prime urban and semi-urban locations across Malaysia. This includes land used for manufacturing, showrooms, warehouses, and other operations, as well as strategic properties in growing or high-demand areas.
Property Development: In addition to land ownership, Tan Chong has ventured into property development. It has developed residential, commercial, and industrial properties, which not only provide operational space for its automotive business but also generate long-term capital appreciation.
2. Strategic Land Holdings in High-Growth Areas
Industrial and Commercial Use: Much of Tan Chong's land is used for its automotive and manufacturing operations, such as vehicle assembly plants, service centers, and distribution hubs. These land assets are situated in high-demand areas for industrial or commercial development, potentially boosting their value over time.
Urban Development: As Malaysia continues to urbanize, properties located in or near major cities or industrial zones become more valuable. Tan Chong's land holdings could appreciate as the real estate market in these areas grows.
3. Landbank for Future Projects
Landbanking Strategy: Tan Chong’s real estate assets act as a "land bank," meaning the company can hold on to these properties over time and decide when to develop or sell them for future capital gains. In many cases, land appreciation in key areas significantly increases the company’s value without any immediate sale or development, adding to its net worth.
Potential for Mixed-Use Developments: Some of Tan Chong's land may be used for future mixed-use developments, blending residential, retail, and commercial spaces. This trend is common in real estate development and can significantly increase land value over time.
4. Diversification Beyond Automotive
Non-Automotive Revenues: The land and real estate sector offers Tan Chong a diversification opportunity. Given that automotive businesses can be volatile due to market cycles, economic shifts, and technological changes, holding significant land assets gives Tan Chong a financial cushion and the ability to capitalize on the growing value of these properties.
Revenue from Leasing: Tan Chong also generates income from leasing some of its land and properties, further enhancing its financial stability.
5. Strong Real Estate Market in Malaysia
Land Appreciation: The Malaysian real estate market has generally seen consistent growth in urban and industrial zones, particularly in areas where transportation infrastructure is improving. Land in these locations tends to appreciate over time, contributing to Tan Chong’s land-rich status.
Government Support: The Malaysian government has implemented policies encouraging infrastructure development, which increases the value of land in areas targeted for growth. This benefits Tan Chong, as it owns land in areas poised for development or urbanization.
6. Strategic Land for Future Expansion
Automotive & Infrastructure Development: Tan Chong's land holdings are essential for expanding its automotive manufacturing, assembly, and distribution capabilities. As the automotive market evolves, Tan Chong can leverage its land to build more factories, showrooms, and EV-related infrastructure (such as charging stations).
Real Estate Development Potential: As the demand for mixed-use developments or specialized industrial parks increases, Tan Chong could unlock the value of its land assets by converting some of these into profitable real estate projects.
7. Historical Land Investments
Legacy of Land Ownership: Over the years, Tan Chong has accumulated land through strategic investments and acquisitions. Some of these properties may have been acquired decades ago, when land prices were lower, contributing to the current value of its land portfolio.
Conclusion:
Tan Chong is considered "land-rich" due to its substantial and strategically located real estate holdings, including land for industrial, commercial, and residential development. This land not only supports its automotive operations but also serves as a long-term asset that could appreciate in value. The company’s land bank offers financial stability, diversification beyond the automotive sector, and potential for future revenue from development or sales of land.

3 weeks ago

Good123

Nissan is set to expand its electric vehicle lineup significantly, with models like the Ariya SUV, Leaf EV, and potentially new, affordable electric cars tailored for the Southeast Asian market. The company’s strategic focus on battery innovation, EV infrastructure development, and local production in ASEAN countries like Malaysia positions Nissan as a key player in the region’s transition to electric mobility. With a commitment to sustainability and carbon neutrality, Nissan is well on track to strengthen its presence in the growing EV market.

3 weeks ago

Good123

Return to RM1++ when its landbank will be unlocked.

There had been speculation as far back as 15 years ago that TCMH would redevelop its industrial property at Segambut, Kuala Lumpur.

3 weeks ago

Good123

one of many ways to fly :)

TCHONG monetising its strategic land bank or being privatised at a premium over the market price.

3 weeks ago

Good123

The Sales and Distribution division of Tan Chong Motor Holdings Berhad (TCMH) is integral to its operational success, market presence, and long-term sustainability. With customer touchpoints strategically designed to drive revenue, we also align with the Group's strategic objectives, enhancing its competitive positioning in the automotive industry.

Nissan
Edaran Tan Chong Motor Sdn Bhd (ETCM), a wholly-owned subsidiary of TCMH, serves as the sales and marketing arm for Nissan vehicles in Malaysia. With nearly 70 years of service in the nation, ETCM offers a diverse range of vehicles, including the B-Sedan, Multi-Purpose Vehicle, premium SUVs, Pick-ups, Light Commercial Vehicles, and 100% electric models. The Nissan Retail Concept drives ongoing refurbishment of showrooms and service centers, ensuring optimal customer experience. Through the Nissan Subscription Programme, customers can enjoy Nissan's offerings without the commitment of ownership.

ETCM also serves as the exclusive distributor for Nissan in Laos, Cambodia, and Myanmar.

Renault
TC Euro Cars Sdn Bhd (TCEC) is the sole distributor of Renault vehicles in Malaysia, introducing innovative models such as the zero-emissions Renault Zoe. As the first OEM to offer car subscription services and a fully digitalized platform, TCEC leads the car subscription market in Malaysia through initiatives like the Renault Subscription and Renault E-Store.

Commercial Vehicles
Truckquip Sdn Bhd, a subsidiary of TCMH, provides technical support, spare parts, and contract assembly services for buses and trucks. Certified with ISO 9001 and ISO 14001, Truckquip manufactures its own TQ-branded buses and works with major commercial vehicle brands in both local and regional markets.

Tan Chong Industrial Equipment Sdn Bhd (TCIE) is a key player in distributing UD Trucks, offering a range of heavy-duty, medium-duty, and light-duty trucks, including Euro 5 models for enhanced environmental and fuel efficiency.

International Expansion
TCIE Vietnam Pte Ltd, the Group's first overseas vehicle assembly plant, significantly boosted its capacity in 2023 with the launch of the TQ Wuling N300P light commercial truck. This collaboration between Malaysia’s TQ and China’s SGMW marks a key milestone in TCMH’s expansion into Southeast Asia.

King Long and Other Brands
TC Truck Sales Sdn Bhd (TCTS) is the exclusive distributor for King Long coaches and buses in Malaysia, ensuring a high standard of comfort, safety, and innovation with robust after-sales support.

TC Motor Vietnam Co Ltd (TCMV) distributes and provides after-sales services for King Long buses in Vietnam.

New Ventures
WariTan Automobile Sdn Bhd (WariTan) became the 3S Super Dealer for GAC and AION motor vehicles in Malaysia in August 2024. TCSV, a subsidiary in Vietnam, also signed an agreement to distribute and support GAC vehicles, continuing the Group's strong automotive presence in the region.

Each subsidiary and brand within TCMH's sales and distribution network plays a vital role in the Group’s overarching strategy to ensure continued growth, customer satisfaction, and industry leadership.

3 weeks ago

Good123

Tan Chong's restructuring efforts are likely to be multifaceted, addressing operational, strategic, financial, and technological areas to ensure the company remains competitive in an evolving automotive landscape. These efforts are in line with the broader trend of restructuring in many large, traditional automotive firms as they respond to new challenges and opportunities, particularly in the areas of electric vehicles, digital transformation, and global market diversification.

3 weeks ago

Good123

Tan Chong Motor Holdings Berhad (TCMH), a major automotive company in Malaysia, has undergone various restructuring efforts over the years to adapt to changing market conditions and improve operational efficiency. These restructuring initiatives are typically driven by the need to respond to market dynamics, operational inefficiencies, financial performance concerns, and to strategically position the company for future growth.

While specific details of Tan Chong's restructuring initiatives may evolve, some common approaches and types of restructuring that companies like Tan Chong might pursue include:

1. Corporate Restructuring
Asset Reallocation: Shifting or selling non-core assets to focus on more profitable or strategic areas, such as its core automotive and distribution business.
Debt Restructuring: Refinancing or renegotiating debt to improve financial stability or to reduce interest expenses.
Divestment of Non-Essential Businesses: Selling off subsidiaries or units that are not aligned with the core business, potentially generating cash and improving overall financial health.
2. Operational Restructuring
Cost-Cutting Measures: Reducing overhead, streamlining operations, and improving supply chain efficiency to boost profitability.
Optimizing Workforce: Reorganizing the workforce to reduce redundancies and improve efficiency, often through downsizing or re-skilling employees.
Digitization and Automation: Implementing new technologies and automation processes to reduce costs and increase efficiency in manufacturing, distribution, and customer service.
3. Strategic Restructuring
Partnerships and Joint Ventures: Collaborating with other companies, either through strategic partnerships or joint ventures, to leverage mutual strengths. Tan Chong has historically partnered with manufacturers such as Nissan.
New Market Penetration: Expanding into new geographical markets or business segments to diversify revenue streams. Tan Chong has expanded its market presence beyond Malaysia to countries like Vietnam, Thailand, and the Philippines.
Diversification: Exploring new business lines that are complementary to the automotive business, such as electric vehicles (EVs), automotive parts, or other related ventures.
4. Financial Restructuring
Capital Injection or Equity Raising: Bringing in fresh capital either through private placements, public offerings, or seeking new investors.
Public-Private Partnerships (PPP): Engaging in collaborations with government bodies for infrastructure projects, particularly in the automotive and transportation sectors.
5. Product Portfolio Restructuring
Focusing on High-Demand Segments: Shifting focus to more profitable and in-demand products such as electric vehicles, luxury cars, or high-performance models.
Improved Marketing and Sales Channels: Redefining the company’s approach to marketing, sales, and customer engagement, potentially through digital channels or new retail strategies.
Key Developments in Tan Chong's Restructuring (Based on Previous Trends):
Electric Vehicle (EV) Strategy: Like many automakers, Tan Chong has likely been considering how to transition into the EV market. Such moves are part of a broader strategy to capture a share of the rapidly growing electric vehicle market.

Financial Turnaround Efforts: Tan Chong has been undergoing financial restructuring to improve its balance sheet and profitability, which includes cutting costs, focusing on high-margin business units, and improving asset utilization.

Digital Transformation: As part of its restructuring, Tan Chong could be looking at improving digital sales channels and customer engagement, focusing on online retailing for cars and parts, and enhancing after-sales services through technology.

3 weeks ago

Good123

Tan Chong Motor Holdings Bhd’s decision to shift its Segambut assembly plant operations to somewhere and explore its first property development venture by redeveloping the Segambut land can be justified from several perspectives, particularly given the evolving market conditions, the strategic location of the land, and the diversification potential that property development offers. Here are the key reasons why Tan Chong should proceed with this plan now:

1. Strategic Location of the Segambut Land
The Segambut land, estimated at 47 acres (18.8 hectares) and priceless, is strategically located in Kuala Lumpur. The area is in close proximity to the KLCC (Kuala Lumpur City Centre) and other key parts of the city, making it highly attractive for property developers. As the demand for prime land near city centers increases, developers are increasingly looking to the outskirts for available plots. By capitalizing on this opportunity, Tan Chong could unlock significant value from this prime piece of real estate.

The potential gross development value (GDV) of the property is said to run into billions of ringgit, a strong indicator of the substantial financial return that could be generated from a successful development.

2. Diversification into Property Development
Tan Chong’s core business has historically been the assembly and distribution of Nissan and Renault vehicles. While the automotive industry remains important, the diversification into property development can help the company reduce its reliance on one sector, particularly in an environment where the automotive market is facing uncertainties and challenges (e.g., supply chain issues, changing consumer preferences, competition from electric vehicles, etc.).

By moving into property development, Tan Chong can tap into a new revenue stream, helping to buffer against potential volatility in the automotive industry. It is a natural progression for a large corporation like Tan Chong to diversify its interests to ensure long-term growth and sustainability.

3. Synergy with Existing Assets and Operations
The shift of Tan Chong’s assembly plant operations from Segambut to Shah Alam will free up the valuable Segambut land for redevelopment. The move to Shah Alam can help improve operational efficiency by consolidating its manufacturing activities into fewer locations. Moreover, the land release will provide an opportunity to extract maximum value from the Segambut property, which could then be used for residential, commercial, or mixed-use developments. A condominium with a retail center, for instance, would not only serve as a profitable development but could also contribute to urban regeneration, injecting vitality into the area and attracting a population base that could support local businesses.

4. Favorable Market Conditions
The lack of prime land around KLCC and the increasing trend of developers moving toward peripheral areas makes the Segambut location particularly attractive. Real estate experts, like MIDF’s analyst Michael Seow, have noted that many developers are eyeing the area due to its proximity to the city center. The demand for residential and commercial properties in the outskirts of Kuala Lumpur is growing, particularly as city center land becomes scarcer and more expensive. Tan Chong’s land in Segambut, with its central location and potential for mixed-use development, is well-positioned to benefit from this trend.

5. Partnership Opportunities
Tan Chong could explore joint ventures with established property developers like Mah Sing Bhd, as suggested by analysts. By partnering with a developer with a proven track record, Tan Chong could leverage the developer’s expertise, especially in quick land turnaround

3 weeks ago

Good123

ETCM EXTENDS EARLY BIRD OFFER FOR NISSAN KICKS e-POWER AS DEMAND SURGES – FOR THE FIRST 1,000 BOOKINGS!
19 December 2024
TAN CHONG MOTOR ACHIEVES NEW MILESTONE WITH FIRST EXPORT OF LOCALLY ASSEMBLED NISSAN VEHICLES TO THAILAND
4 December 2024
Nissan Kicks Off Electrification Journey in Malaysia with the All-New Nissan KICKS e-POWER
4 December 2024
Nissan Brings Visionary Hyper Tourer to KLIMS 2024
3 December 2024
MALAYSIAN MEDIA PUTS THE ALL-NEW NISSAN KICKS e-POWER TO THE TEST
22 November 2024

3 weeks ago

Good123

Tchong wont die; tanah segambut priceless, harga kini billion dah.

3 weeks ago

Good123

tchong punya car assembly plant antara yg terbaik. Many car manufacturers would like to acquire tchong if they want to cash out. moreover, ada tanah berharga dan lain2 biz dan aset yg baik. NBV ~ RM4, korang pergi check pls

3 weeks ago

Good123

after honda-nissan merger, tchong can help drb to assemble honda cars, drb assembly plants to assemble for geely, volvo, proton, dll. more synergy sooner or later

3 weeks ago

Good123

tchong can close some outlets in ulu locations and cash out from selling the shoplots, etc

3 weeks ago

Good123

tchong can take the opportunity to digitalise further and cut headcount like samsung, etc

3 weeks ago

Good123

😍the potential benefits of a Honda-Nissan merger for Tan Chong in Malaysia:

Enhanced Product Lineup:

Access to a broader range of vehicles from both Honda and Nissan, meeting diverse consumer needs.
Ability to offer advanced technologies like EVs, hybrids, and autonomous features from both brands.
Improved Supply Chain and Cost Efficiency:

Economies of scale leading to reduced manufacturing and distribution costs.
More stable and cost-effective supply of spare parts and components, improving aftersales service.
Expanded Dealership Network:

Increased dealership presence across Malaysia, reaching both urban and rural areas.
Stronger brand recognition with two major automotive brands under one umbrella.
Access to Electric and Hybrid Vehicles:

Availability of both Honda and Nissan EVs and hybrids to meet rising demand in Malaysia.
Potential for local EV production, making vehicles more affordable and accessible.
Stronger R&D Capabilities:

Increased investment in innovative automotive technologies, benefiting Tan Chong’s product offerings.
Access to cutting-edge features like improved fuel efficiency and advanced safety systems.
Stronger After-Sales and Service Network:

Expanded service offerings for both Honda and Nissan vehicles, enhancing customer satisfaction.
Increased service revenue from a wider customer base.
Government Support and Incentives:

Access to government incentives for eco-friendly vehicles, boosting sales of hybrids and EVs.
Opportunities to tap into Malaysia’s push to become a regional EV hub.
In summary, the merger would provide Tan Chong with more vehicle options, better cost efficiencies, and the ability to compete in Malaysia's evolving automotive market, especially in the EV and hybrid segments.

3 weeks ago

Good123

· 6d
Honda-Nissan merger driven by China threat


· 2d
Honda, Nissan, Mitsubishi Merge To Become World's 3rd Biggest Car Manufacturer

3 weeks ago

Good123

Honda-Nissan merger talks to start as early as next week
TOKYO -- Honda Motor and Nissan Motor will begin merger talks as early as Monday as the two automakers seek to create a group that can rival Japanese leader Toyota Motor in capital-intensive ...

Paul Tan11d
Honda and Nissan to start merger talks, in hope to compete with Toyota, Tesla and Chinese EV brands
Japanese automakers Honda and Nissan are set to enter into talks for a merger, Nikkei Asia has reported. This could ...

KUNM3d
Honda and Nissan consider a merger.

3 weeks ago

Good123

summary of how a Honda-Nissan merger, DRB assembling Geely/Proton/Volvo, and Tan Chong assembling Honda/Nissan could create a "win-win" scenario:

1. Enhanced Production Capacity and Diversification
DRB (Geely/Proton/Volvo):
Assembles multiple brands, increasing production efficiency and product diversification.
Serves a wide range of consumers (affordable to premium vehicles).
Tan Chong (Honda/Nissan):
Assembles a broader range of Honda and Nissan models, offering greater variety and meeting diverse consumer needs.
2. Synergistic Benefits and Cost Efficiencies
Shared Manufacturing Resources:
Both companies can share facilities, reducing costs and increasing operational efficiency.
Pooled R&D:
Shared research on hybrid, EV, and other technologies leads to innovative and cost-effective solutions.
3. Expanded Product Portfolio and Market Reach
Tan Chong:
Gains access to a broader range of Honda and Nissan vehicles, including advanced EV and hybrid models.
DRB:
Assembles models from Geely, Proton, and Volvo, capturing a larger share of the market across price points.
4. Increased Local Content and National Benefit
Job Creation and Economic Growth:
Boosts local employment and contributes to Malaysia’s economic development.
Local Assembly Advantage:
Reduces dependency on imports, positioning Malaysia as a regional automotive hub.
5. Improved Dealership and Service Networks
Shared Infrastructure:
Combined dealerships and service centers lead to more efficient operations and better aftersales support.
6. Stronger Negotiating Power
Improved Supplier Relationships:
Larger scale of operations provides stronger negotiating power with suppliers, leading to lower production costs.
7. Focus on Eco-Friendly Vehicles
Growing Demand for EVs and Hybrids:
Tan Chong and DRB can benefit from increased focus on green technology and government incentives for eco-friendly vehicles.
Conclusion: A Win-Win
Tan Chong and DRB benefit from shared resources, cost savings, and a wider product portfolio.
Stronger market competitiveness and leadership in eco-friendly vehicles.
Local economic growth, job creation, and technological advancement.
This collaboration would optimize production processes, reduce costs, expand market reach, and position both companies as leaders in the Malaysian automotive industry.

3 weeks ago

Good123

many china manufacturers are interested in Tchong's car assembling plants in ASEAN countries... i think, the founders of tchong can make a killing if they wanted to exit

3 weeks ago

Good123

tchong, priceless assets - segambut land & several car assembly factories in ASEAN countries

3 weeks ago

Good123

many car sales & repair outlets throughout malaysia - easily used for other car brands as well

3 weeks ago

Good123

Tchong started exporting assembled nissan cars from malaysia to thailand too.. read well ya

3 weeks ago

Good123

the old founders of tchong have been buying tchong shares... maybe they will cash out/exit at the right offer price from acquirer.. wait n see

3 weeks ago

Good123

after honda-nissan merger, the old founders can also sell and cash out, sell to honda-nissan :)

SUBSTANTIAL SHAREHOLDERS
(as per Register of Substantial Shareholders)
Direct Indirect
No. Name No. of Shares Held % No. of Shares Held %
1 Tan Chong Consolidated Sdn. Bhd. 263,828,240 40.48 - -
2 Employees Provident Fund Board 39,366,300 6.04 - -
3 Nissan Motor Co., Ltd 37,333,324 5.73 - -
4 Dato' Tan Heng Chew 33,293,862 5.11 274,781,840 (1) 42.16
5 Tan Eng Soon - - 263,828,240 (2) 40.48

3 weeks ago

Good123

banyak tanah belum dinilai semula ya

TEN LARGEST PROPERTIES
OF THE GROUP
as at 31 December 2023
No Location Description
Land Area
(sq. ft.)
Built-up
Area
(sq. ft.)
Tenure /
Expiry Date
Net Book
Value
(RM million)
Age of
Building
(years)
Date of
Acquisition
Date of
Last
Revaluation
1 249
Jalan Segambut,
51200
Kuala Lumpur
Assembly plant,
office, vehicle
storage yard,
warehouse &
hostel
2,043,425 931,098 Freehold/
Leasehold
4.7.2065
20.4.2068
19.5.2068
14.11.2073
27.1.2074
5.10.2099
515.09 46 1974 to
1999
2022
2 Lot 29120
(P.T. 15014),
Mukim Serendah,
Daerah Hulu
Selangor Darul
Ehsan
Assembly plant,
office, vehicle
storage yard &
warehouse
7,281,185 1,076,701 Freehold/
Leasehold
22.3.2094
28.4.2105
27.9.2106
28.4.2112
3.7.2116
272.46 15 1996 to
2013
2022
3 Lot 44,
Special Zone (6),
Industrial Park in
Nyung Inn Village,
Bago Township,
Bago Region,
Myanmar
Assembly plant,
warehouse and
office
2,177,787 468,088 Leasehold
16.2.2076
167.47 3 2016 2022

3 weeks ago

Good123

4 Lot U8, U9,
U10 and U11,
Road No 5B,
Expanded Hoa
Khanh Industrial
Zone, Lien Chieu
Dist, Danang City,
Vietnam
Assembly plant,
office, vehicle
storage yard &
warehouse
1,393,926 465,406 Leasehold
25.3.2054
106.17 9 2010 2022
5 No. 2,
Jalan Gerudi 15/4,
Section 15,
Shah Alam, 40200
Selangor Darul
Ehsan
Industrial plant 713,983 417,424 Leasehold
19.2.2066
86.32 53 30.12.2009 2022
6 Lot 3 Jalan
Perusahaan Satu,
68100 Batu Caves,
Selangor Darul
Ehsan
Spare parts &
service centre,
factory,
warehouse/store,
offices &
showroom
425,619 204,856 Leasehold
5.9.2074
83.96 42 11.09.1981 2022
7 Lot X5, X6,
X7 and X8,
Road No 5B,
Expanded Hoa
Khanh Industrial
Zone, Lien Chieu
Dist, Danang City,
Vietnam
Assembly plant,
office, vehicle
storage yard &
warehouse
1,645,850 135,463 Leasehold
25.3.2054
81.78 - 2013 2022

3 weeks ago

Good123

No Location Description
Land Area
(sq. ft.)
Built-up
Area
(sq. ft.)
Tenure /
Expiry Date
Net Book
Value
(RM million)
Age of
Building
(years)
Date of
Acquisition
Date of
Last
Revaluation
8 Lot U12, U13, U14 &
U15, Road No. 10B,
Hoa Khanh
Extended Industrial
Zone, Lien Chieu
District, Danang City,
Vietnam
Assembly plant
and office
1,372,065 78,663 Leasehold
25.3.2054
66.66 3 2011 2022
9 No.2, Jalan Indah
15/2, Taman Bukit
Indah, 81200 Johor
Bharu, Johor
Showroom,
workshop &
spare parts,
office and car
park
143,410 262,495 Freehold 58.53 1 01.03.2011 2022
10 Lot 93, Seksyen 46,
Kuala Lumpur
Used vehicle
display and
storage yard
50,637 - Freehold 49.10 - 27.08.2012 2023
Note : The value of 249 Jalan Segambut, 51200 Kuala Lumpur is based on valuation report of 16 lots of land held under lot numbered
1474, 1475, 3681, 4185, 14282, 25669, 43097, 46354, 49392, 49393, 49968, 49970, 49972, 57927, 81438 & 81425 and building.
The value of Lot 29120 (P.T. 15014), Mukim Serendah, Daerah Hulu Selangor, Selangor Darul Ehsan is based on valuation report of
6 lots of land held under lot numbered 45, 15961, 16360, 23975, 23976, 29120 & 40874 and building

3 weeks ago

Good123

Geely might acquire Tan Chong Motor Holdings (TCMH) if the founding family of Tan Chong decides to cash out for several strategic and financial reasons:

1. Access to ASEAN Markets
Expansion into Southeast Asia: Acquiring TCMH provides Geely with a direct foothold in the growing ASEAN automotive market, where demand for affordable and efficient vehicles is rising.
Local Expertise: Tan Chong has established distribution networks, local manufacturing facilities, and market knowledge in key ASEAN countries like Malaysia, Vietnam, and the Philippines.
2. Strategic Partnerships and Synergies
Platform Sharing: Geely could leverage its existing platforms and technology with Tan Chong's manufacturing capabilities to produce vehicles tailored for the ASEAN market.
Electric Vehicles (EVs): Tan Chong’s facilities and experience could accelerate Geely’s plans to introduce EVs in the region, aligning with global trends and ASEAN’s push for greener transportation.
3. Tan Chong’s Underutilized Potential
Reviving Underperforming Assets: If Tan Chong is underperforming, Geely may see an opportunity to optimize operations, improve profitability, and unlock value through its resources, such as advanced R&D and efficient manufacturing practices.
Regional Brand Recognition: Tan Chong has longstanding relationships with customers and dealerships that Geely could modernize and capitalize on.
4. Family’s Decision to Cash Out
Generational Transition: If the founding family is not interested in managing the business further, a sale could offer them liquidity and allow Geely to take over operational control.
Attractive Valuation: If TCMH’s market valuation or financial situation makes it an attractive target, Geely could see this as a cost-effective way to enter or expand its presence in ASEAN.
5. Geely’s Global Expansion Strategy
Proven Acquisitions: Geely has a track record of acquiring and turning around companies (e.g., Volvo, Proton). A deal with TCMH would align with this strategy and complement its existing stake in Proton and Malaysia’s automotive ecosystem.
Strengthening Supply Chains: TCMH’s regional manufacturing base could reduce Geely’s production costs and improve its supply chain resilience in Southeast Asia.
6. Favorable Policies and Incentives
Government Support: Malaysia and other ASEAN governments often offer incentives for automotive investments, including EV production.
ASEAN Free Trade Agreement (AFTA): Geely could benefit from reduced tariffs within the region, enhancing its competitiveness.
If the Tan Chong founding family’s interests align with Geely’s expansion goals, such an acquisition could be mutually beneficial, paving the way for a strategic partnership or outright buyout.

3 weeks ago

Good123

told u guys tchong would rise, next bjfood 😎

2 weeks ago