Tan Holdings Corporation
Encyclopedia
Tan Holdings Corporation (THC) is a holdings company located in the United States Commonwealth of the Northern Mariana Islands
(CNMI). Since 1983, the company's headquarters are located in Saipan
. The company's CEO is Henry Tan, its President is Willie Tan, and its Executive Vice-President is Jerry Tan. All three are sons of the Charmain of the Board Tan Siu Lin. Tan Holdings is the largest private taxpayer and employer in the CNMI.
In 1972, Dr. Tan Siu Lin and his family moved from Hong Kong
to Guam
to engage in shipping
, real estate
and movie distribution businesses. Over the years, the family-run business has evolved to include airline
, amusement
, fast food
, fishing
, ground handling service, hotel
, information technology
, financial services
, logistic services
, publishing
(including the Saipan Tribune
, the largest newspaper on the islands), retail
, and wholesale
subsidiaries.
Strong evidence links the Tan Holdings Corporation and Willie Tan to the Jack Abramoff CNMI scandal
implicated this company's involvement in illegal sweatshops, prostitution and other illegal ventures located on the CNMI.
Northern Mariana Islands
The Northern Mariana Islands, officially the Commonwealth of the Northern Mariana Islands , is a commonwealth in political union with the United States, occupying a strategic region of the western Pacific Ocean. It consists of 15 islands about three-quarters of the way from Hawaii to the Philippines...
(CNMI). Since 1983, the company's headquarters are located in Saipan
Saipan
Saipan is the largest island of the United States Commonwealth of the Northern Mariana Islands , a chain of 15 tropical islands belonging to the Marianas archipelago in the western Pacific Ocean with a total area of . The 2000 census population was 62,392...
. The company's CEO is Henry Tan, its President is Willie Tan, and its Executive Vice-President is Jerry Tan. All three are sons of the Charmain of the Board Tan Siu Lin. Tan Holdings is the largest private taxpayer and employer in the CNMI.
In 1972, Dr. Tan Siu Lin and his family moved from Hong Kong
Hong Kong
Hong Kong is one of two Special Administrative Regions of the People's Republic of China , the other being Macau. A city-state situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour...
to Guam
Guam
Guam is an organized, unincorporated territory of the United States located in the western Pacific Ocean. It is one of five U.S. territories with an established civilian government. Guam is listed as one of 16 Non-Self-Governing Territories by the Special Committee on Decolonization of the United...
to engage in shipping
Shipping
Shipping has multiple meanings. It can be a physical process of transporting commodities and merchandise goods and cargo, by land, air, and sea. It also can describe the movement of objects by ship.Land or "ground" shipping can be by train or by truck...
, real estate
Real estate
In general use, esp. North American, 'real estate' is taken to mean "Property consisting of land and the buildings on it, along with its natural resources such as crops, minerals, or water; immovable property of this nature; an interest vested in this; an item of real property; buildings or...
and movie distribution businesses. Over the years, the family-run business has evolved to include airline
Airline
An airline provides air transport services for traveling passengers and freight. Airlines lease or own their aircraft with which to supply these services and may form partnerships or alliances with other airlines for mutual benefit...
, amusement
Amusement
Amusement is the state of experiencing humorous and entertaining events or situations, and is associated with enjoyment, happiness, laughter and pleasure...
, fast food
Fast food
Fast food is the term given to food that can be prepared and served very quickly. While any meal with low preparation time can be considered to be fast food, typically the term refers to food sold in a restaurant or store with preheated or precooked ingredients, and served to the customer in a...
, fishing
Fishing
Fishing is the activity of trying to catch wild fish. Fish are normally caught in the wild. Techniques for catching fish include hand gathering, spearing, netting, angling and trapping....
, ground handling service, hotel
Hotel
A hotel is an establishment that provides paid lodging on a short-term basis. The provision of basic accommodation, in times past, consisting only of a room with a bed, a cupboard, a small table and a washstand has largely been replaced by rooms with modern facilities, including en-suite bathrooms...
, information technology
Information technology
Information technology is the acquisition, processing, storage and dissemination of vocal, pictorial, textual and numerical information by a microelectronics-based combination of computing and telecommunications...
, financial services
Financial services
Financial services refer to services provided by the finance industry. The finance industry encompasses a broad range of organizations that deal with the management of money. Among these organizations are credit unions, banks, credit card companies, insurance companies, consumer finance companies,...
, logistic services
Logistics
Logistics is the management of the flow of goods between the point of origin and the point of destination in order to meet the requirements of customers or corporations. Logistics involves the integration of information, transportation, inventory, warehousing, material handling, and packaging, and...
, publishing
Publishing
Publishing is the process of production and dissemination of literature or information—the activity of making information available to the general public...
(including the Saipan Tribune
Saipan Tribune
The Saipan Tribune is a daily newspaper published seven days a week in the Northern Mariana Islands. The Saipan Tribune, which has the largest circulation in the Northern Mariana Islands, is headquartered in Saipan. The newspaper is owned by Pacific Publications and Printing Inc., an which is an...
, the largest newspaper on the islands), retail
Retail
Retail consists of the sale of physical goods or merchandise from a fixed location, such as a department store, boutique or kiosk, or by mail, in small or individual lots for direct consumption by the purchaser. Retailing may include subordinated services, such as delivery. Purchasers may be...
, and wholesale
Wholesale
Wholesaling, jobbing, or distributing is defined as the sale of goods or merchandise to retailers, to industrial, commercial, institutional, or other professional business users, or to other wholesalers and related subordinated services...
subsidiaries.
Strong evidence links the Tan Holdings Corporation and Willie Tan to the Jack Abramoff CNMI scandal
Jack Abramoff CNMI scandal
The Jack Abramoff CNMI scandal involves the efforts of Jack Abramoff, other lobbyists, and government officials to change or prevent, or both, Congressional action regarding the Commonwealth of the Northern Mariana Islands and businesses on Saipan, its capital, commercial center, and one of its...
implicated this company's involvement in illegal sweatshops, prostitution and other illegal ventures located on the CNMI.