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Tan Chong Motor Holdings Berhad (“TCMH”) was incorporated in Malaysia on 14 October 1972 and listed on the Main Board of Bursa Malaysia Securities Berhad on 4 February 1974.
TCMH Group commenced business as a small motor vehicle distributor in the 1950s and has grown into a conglomerate involved in a variety of activities ranging from the assembly and marketing of motor vehicles and autoparts manufacturing to property development and trading in various heavy machinery, industrial equipment and consumer products, both locally and abroad.
Under a restructuring exercise, the foreign division of TCMH Group represented by the various business interests of TCMH outside Malaysia was demerged and subsequently listed on The Stock Exchange of Hong Kong Limited in 1998 under Tan Chong International Limited while its autoparts division (involved in the manufacturing and distribution of automotive components) and non-motor division (involved in the distribution of heavy machinery, cosmetics and undergarments, and tourism related activities) were demerged and listed on the Main Board of Bursa Malaysia Securities Berhad in 1999 under APM Automotive Holdings Berhad and Warisan TC Holdings Berhad respectively. After the de-merger exercise, TCMH Group re-focused on motor business.
TCMH is an investment holding company and the Group’s current principal activities include assembly and distribution of motor vehicles, provision of after-sales services and motor related financial services such as hire purchase, insurance agency and leasing.
The Group is the franchise holder and exclusive distributor of Nissan passenger and light commercial vehicles and Renault vehicles in Malaysia. It has 90 sales branches and authorised dealership outlets nationwide, and supported by 74 after-sales service centres. The Group is also the franchise holder and exclusive distributor for trucks and buses under the brand of UD Trucks and has established itself as one of the leading commercial vehicle distributors in Malaysia. The UD Trucks distribution network has 11 3-S sales centres and 29 authorised sales dealers nationwide, supported by 36 authorised service dealers. The Group’s vehicles sales command approximately 15% of the market share for non-national cars and 6% of the industry wide market for the first half of 2010.TCMH Group operates two assembly plants in Segambut and Serendah which have production capacities of approximately 17,280 units and 14,400 units respectively a year on a single-shift basis.
From 2005, TCMH Group expanded its automotive business operations overseas with the assembly of bus chassis and sale of bus in Vietnam and provision of automotive workshop services in Cambodia and Thailand. In December 2009, the Group obtained an Investment Certificate from Danang Industrial and Export Processing Zones Authority, Vietnam to undertake the manufacturing, assembly and sale of buses, trucks and passenger cars, provision of after-sales services and sale of spare parts. For this purpose, the Group has leased a piece of industrial land in Danang City, Vietnam to implement this new investment project in Vietnam. In March 2010, TCMH Group entered into Distribution Agreements with Nissan Motor Co, Ltd in respect of the sole and exclusive rights to distribute Nissan brand completely built-up (CBU) vehicles in Cambodia and Laos.
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