The Impacts of Tan Chong’s Disposal of its Assets on its Balance Sheet and Future Operations
Tan Chong Group is a Malaysian conglomerate known for its automotive and investment divisions. Founded in 1967, the company has established a strong presence in Southeast Asia, with operations in Malaysia, Singapore, Thailand, and Vietnam. In 2020, the company announced a major restructuring of its operations, resulting in the disposal of non-core assets and the […]