Major Shareholder of Tanco Holdings is Dato' Sri Andrew Tan, son of Dato' Sri Tan Jing Nam

June 01, 2026

FY2025 TANCO HOLDINGS REPORTED REVENUE OF RM128.5 MILLION, PBT RM15.58 MILLION

Dato' Sri Andrew Tan's father, the late Datuk Seri Tan Jing Nam (2018), was behind the successful development of Bandar Country Homes in Rawang. Tanco Holdings has a 480 acre seafront landbank in Port Dickson, Negeri Sembilan. The Group is engaged in Property Development, Resorts and Hospitality, Business Consulting Services, Construction and Building Materials, Pharmaceutical and Healthcare, and its latest project the RM3.5 billion Port Dickson smart container AI Port project that has generated much publicity. The proposed port is positioned as an AI-driven automated logistics hub, featuring smart cargo handling systems, green port technologies, and supporting logistics and industrial activities. It is a JV with the Menteri Besar Negeri Sembilan (Pemerbadanan) and Heads of agreement were signed  in Nov 2025 with revised terms in April 2026. Tanco has named CCCC Dredging Southeast Asia Sdn Bhd (CDSA) — a unit of China Communications Construction Company (CCCC) — as the proposed contractor for the Sea Port Component of its Smart AI Container Port (Midport) in Port Dickson, Negeri Sembilan. CDSA is known for major marine infrastructure projects such as China’s Yangshan Deep-Water Port and Colombo Port City in Sri Lanka. For FY 2025 Tanco reported revenue of RM128.5 million and PBT RM15.58 million. 

Andrew Tan, 45, is Group MD of Tanco. He graduated from the University of Melbourne with a degree in Commerce in 2002, He joined the family business shortly thereafter  and was on the boards of Palm Springs Resort Management, Tanco Club and Tanco Resorts. His brother, Christopher Tan, 39, is Group ED of Tanco. He also holds a degree in Commerce from University of Melbourne, Australia. Another brother, Edwin Tan, 30, is in key management as ED of Tanco Supplies. He graduated from Royal Melbourne Institute of Technology with a Bachelor of Business (Financial Planning). 

Andrew Tan is the major shareholder of the company with a direct stake of 17.120% and indirect interest of 35.013%as at 2 October 2025 (Annual Report 2025)

Sources

  1. Tanco Holdings Berhad. 2025 Annual Report. https://tancoholdings.com/about-us/
  2. The Edge Malaysia. 5 November 2025. Luqman Amin. https://theedgemalaysia.com/node/777551
  3. The Malaysian Reserve. 19 February 2026. https://themalaysianreserve.com/2026/02/19/tanco-major-shareholder-ups-stake-shares-hit-highest-level-since-april-2025/
  4. The Edge Malaysia. 5 March 2020. Lai Ying Yi. https://theedgemalaysia.com/article/tanco-plans-settle-rm17m-debt-major-shareholder-new-shares
  5. i3investor. 27 April 2018. https://klse.i3investor.com/web/corporatefigure/detail/B_26860_2898929953?id=2429-13506-1587558445
  6. The Edge Malaysia. 11 February 2017. Chong Jin Hun. https://theedgemalaysia.com/article/tanco-gets-take-over-offer
  7. The Edge Malaysia. 12 May 2026. https://theedgemalaysia.com/node/802536
  8. Tanco Holdings Berhad. https://tancoholdings.com/
  9. The Edge Malaysia. 23 April 2026. Emir Zainul. https://theedgemalaysia.com/node/801077
  10. TN Global. 5 March 2024. https://technode.global/2024/03/05/malaysian-government-and-tanco-collaborate-to-develop-smart-ai-container-port/
  11. Edgeprop. 24 April 2026. https://www.edgeprop.my/content/1915943/tancos-midports-switches-port-concession-model-rm5-milmonth-port-dickson-smart-container-port
  12. The Exchange Asia. 24 April 2026. https://theexchangeasia.com/tanco-restructures-rm3-5-billion-port-dickson-ai-port-deal/