At RM18.7 billion, IOI Properties Group Bhd (KL:IOIPG) remains the largest listed property developer on Bursa by market cap. A check on AskEdge shows Tanco’s PER of 913.9 times eclipsing industry leaders SimeProp and IOI Properties’ 18.4 times and 8.2 times respectively. Bursa filings show that Tanco group managing director Datuk Seri Andrew Tan Jun Suan, 45, has been actively trading shares in the company. Net profit more than doubled to RM4.13 million from RM1.92 million a year earlier, while revenue rose 52% to RM86.71 million from RM57.17 million. Still, the ambitious port project remains in its early stages.

Source: The Edge Markets March 18, 2026 06:03 UTC