IGB Berhad

IGB Berhad

Goldis Berhad was founded in 2000 by Tan Chin Nam as a corporate investment holding company listed on the Bursa Malaysia stock exchange. The entity serves as the primary consolidation vehicle for the Tan family's interests, most notably their controlling stake in IGB Berhad, one of Malaysia's largest property developers. The wealth originates from Tan Chin Nam's early ventures in construction and property development, which evolved into the IGB group — a conglomerate with deep roots in Kuala Lumpur's commercial landscape. The firm's strategy centers on direct, long-duration equity holdings in real estate and hospitality, with a geographical focus on Malaysia and China. Core assets include the Mid Valley Megamall and The Gardens Mall in Kuala Lumpur, which together form one of the country's largest contiguous retail footprints, as well as The Mall, Mid Valley Southkey in Johor Bahru. International exposure comes through the Queen Victoria Building in Sydney, Australia, and the global St Giles Hotels chain. The portfolio also includes mixed-use developments like GTower and Southpoint, and a niche education asset with IGB International School in Selangor. This mix reveals a posture favoring tangible, income-producing property rather than venture or technology exposure. Goldis operates as a lean corporate entity overlaying the IGB operating platform, with day-to-day management of its properties executed through IGB's executive team. Tan Lei Cheng, daughter of Tan Chin Nam, chairs IGB Berhad, while Tan Boon Lee serves as Group CEO and Tan Mei Sian as Deputy CEO. The family's engagement with professional networks is evident through Tan Lei Cheng's membership in the Malaysia Chapter of the Young Presidents' Organisation (YPO) and her board role at the Kuala Lumpur Business Club. Philanthropic activity is channeled through the Dato' Tan Chin Nam Foundation. The firm's most recent structural evolution involved a corporate reorganization of the IGB group to streamline ownership under Goldis. Goldis is distinct for its status as a publicly traded proxy for a family-owned real estate portfolio — a structure that imposes Bursa Malaysia disclosure requirements on the family's core holdings, creating a level of transparency uncommon among Southeast Asian family offices. This publicly listed, corporate-investor architecture offers external minority shareholders co-investment exposure to the Tan family's property vision, while the family retains decisive control through their majority stake.