Its principal business is the conduct and management of the Numbers Forecast Totalisator business and administration, conduct and management of totalisators in Malaysia in respect of race meetings under the provision of the Racing (Totalisator Board) Act, 1961. In January 1991, PMP assumed the management of the horse breeding and related activities of the National Stud Farm, previously undertaken by the Lembaga Totalisator Malaysia.

The Holding Company

Tanjong public limited company was incorporated in England on 2 January 1926 as Tanjong Tin Dredging Limited. The name of the Company was changed to Tanjong public limited company in 1991 following the restructuring of the Company and the acquisiton of Pan Malaysian Pools Sdn Bhd. Tanjong shares were re-listed on the Kuala Lumpur Stock Exchange (now Bursa Malaysia Securities Berhad) and the London Stock Exchange plc on 24 December 1991.

The authorised capital of the Company is £33,750,000, comprising 450,000,000 shares of 7.5 pence each of which 403,256,136 shares of 7.5 pence each have been issued and fully paid as at 21 May 2005.

The principal activity of the Company is investment holding whilst the principal activities of the major subsidiaries of the Group are Power Generation, Gaming & Leisure.