![Poay Seng Tan](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="%231b1b1b" class="bi bi-person-fill" viewBox="0 0 16 16"><path d="M3 14s-1 0-1-1 1-4 6-4 6 3 6 4-1 1-1 1zm5-6a3 3 0 1 0 0-6 3 3 0 0 0 0 6"/></svg>)
Poay Seng Tan
Chief Executive Officer at
MAGNI-TECH INDUSTRIES
Net worth: 50 M $ as of 2026-09-29
Profile
Mr. Poay Seng Tan is a Managing Director & Director at Magni-Tech Industries Bhd., a Managing Director & Director at Coronation Springs Sdn.
Bhd.
and a Managing Director & Director at South Island Garment Sdn.
Bhd.
He is on the Board of Directors at Magni-Tech Industries Bhd., Coronation Springs Sdn.
Bhd.
and South Island Garment Sdn.
Bhd.
Mr. Tan was previously employed as an Independent Non-Executive Director by City Developments Ltd.
Known holdings in public companies
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
| 2026-10-06 | 130,110,000 ( 29.98% ) | 50 M $ | 2026-09-29 | |
Selangor Dredging Bhd.
 Selangor Dredging Bhd. Real Estate DevelopmentFinance Engages in property management, development and leasing and hotel activities 0.59% | 2025-06-29 | 2,533,000 ( 0.59% ) | 288 686 $ | 2026-09-29 |
Poay Seng Tan active positions
| Companies | Position | Start |
|---|---|---|
| MAGNI-TECH INDUSTRIES | Chief Executive Officer | 2000-02-17 |
Coronation Springs Sdn. Bhd. | Chief Executive Officer | - |
South Island Garment Sdn. Bhd.
 South Island Garment Sdn. Bhd. Apparel/FootwearConsumer Non-Durables Manufactures garments for export | Chief Executive Officer | - |
Former positions of Poay Seng Tan
| Companies | Position | End |
|---|---|---|
| CITY DEVELOPMENTS LIMITED | Director/Board Member | 2021-04-29 |
Experiences
Positions held
Active
Inactive
Listed companies
Private companies
Connections
44
1st degree connections
4
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Private companies | 4 |
|---|---|
City Developments Ltd.
 City Developments Ltd. Real Estate DevelopmentFinance Provides property development services | Finance |
Magni-Tech Industries Bhd.
 Magni-Tech Industries Bhd. Apparel/FootwearConsumer Non-Durables Operates as a holding company whose subsidiaries manufactures and wholesales garments & packaging materials | Consumer Non-Durables |
South Island Garment Sdn. Bhd.
South Island Garment Sdn. Bhd. Apparel/FootwearConsumer Non-Durables Manufactures garments for export | Consumer Non-Durables |
Coronation Springs Sdn. Bhd. |
- Stock Market
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- Poay Seng Tan
