Tanco Holdings Bhd

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Tanco Holdings Bhd (2429) Price Performance

Tanco Holdings Bhd (2429) trades on KLSE in MYR. The company is classified in the Real Estate sector under the Real Estate - Diversified industry. The stock currently trades at MYR1.67, up 0.60% from the previous close.

Over the past year, 2429 has traded between a low of MYR1.56 and a high of MYR1.67. The stock has gained 5.7% over this period. It is currently 7.1% above its 52-week low.

Tanco Holdings Bhd has a market capitalization of $9.70B, with a price-to-earnings ratio of 1230.94.

About Tanco Holdings Bhd

Tanco Holdings Berhad, an investment holding company, engages in the property development business primarily in Malaysia. It operates through Property Development/Management; Resorts and Club Operation/Management; Construction and Installation; Investment Holding; and Business Consulting Services segments. The company invests, develops, constructs, and manages properties; operates and manages resorts, and golf and marina clubs; operates vacation ownership interval and point based schemes; and acts as a general agent. It also involved in contracting and building works; general trading; trading of construction materials; research and sale of pharmaceutical products; and money lending businesses. In addition, the company provides consultancy services; develops ports; services in relation to Malaysia My Second Home program; port operations, carrier haulage and transportation, and logistics; interior design, furnishing, and renovation works. Further, it engages in operation of electricity generating facilities; and transmission, distribution, and sales of electricity, as well as construction of power plant. The company was formerly known as Jeram Kuantan (Malaya) Berhad and changed its name to Tanco Holdings Berhad in June 1997. Tanco Holdings Berhad was incorporated in 1958 and is based in Puchong, Malaysia.

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