Tanjong public limited company · Kuala Lumpur Malaysia ·(London: TNJ)
Company Description
Phone: +60-3-2381-3388
Fax: +60-3-2381-3399
View Tanjong public limited company Locations On A US Map
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This link will open in a new window As investment holding companies go, Tanjong is a little heavy on the work but is getting better about mixing in some play. The company's primary business consists of power generation plants in Malaysia. The diversified company also is engaged in property investment, has lottery and racetrack operations, and operates Germany's Tropical Island Resort themepark. Malaysia's second-biggest power producer, Tanjong has consistently added to its power generation capabilities throughout the region through acquisitions. The company was incorporated in 1926. To read the full description, subscribe now.
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Key Tanjong public limited company Financials
| Company Type | Public - London: TNJ Headquarters |
| Fiscal Year-End | January |
| 2009 Sales (mil.) | $1,019.5 |
| Employees | 1,561 |
Tanjong public limited company Executives
11 executives listed for Tanjong public limited company's Kuala Lumpur, location.
| Title | Name & Bio | Contact |
| Chairman | Dato' Robert Meng | Network |
| Group COO | Tan Kong Han | Network |
| CFO | Gerard Nathan | Network |
Competition
Competitive Landscape for Tanjong public limited company
Demand for electricity is driven by industrial and commercial activity and by population growth. The profitability of individual companies depends on the efficiency of their operations. Large companies have economies of scale in purchasing power; small companies can compete effectively by specializing in geographic regions. The industry is capital-intensive: average annual revenue per worker is about $2 million. The traditional electricity industry consisted of investor-owned utilities, municipal utilities, cooperatives, and government entities that owned the generation, transmission, and retail distribution facilities within a limited area and served all customers within that area as tightly regulated "natural monopolies." Though "natural monopolies" still exist, the electric energy industry in the US underwent a restructuring driven by changes in federal and state laws in the 1990s. In restructured, or deregulated, markets, generation, transmission, and distribution operations are carried out by separate companies, and the owners of local distribution lines make their lines available to competitors. The intended purpose of moving toward a less regulated electricity market was to decrease the cost of electricity by fostering competition among producers. One practical effect was the divestment of generation facilities by many investor-owned utilities. Despite the popularity of restructuring activities initially, as of mid-2009 only 14 states had deregulated their electricity industries. Several other states, including California, launched restructuring initiatives before suspending them, in part because of concerns that restructuring caused electricity rates to rise. Many local electricity distributors are still owned by utility holding companies that also own power generation facilities, wholesale transmission lines, and wholesale power trading companies. To read the full description, subscribe now.Top Tanjong public limited company Competitors
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