Preview

Founder of Usaha Tegas

Satisfactory Essays
Open Document
Open Document
273 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Founder of Usaha Tegas
He is the founder of Usaha Tegas Sdn. Bhd. and he owns 70 per cent shares of Maxis. He also has a full, 100 per cent stake in Binariang Satellites Systems or BSS.
Ananda’s corporate image, Usaha Tegas is owned and managed solely by him. This company is described to be his investment and is run as a consulting organization with interest spanning into several sectors such as Communication, Broadcasting, Media and Energy. It is run by a board of advisers hand-picked by him based on their professional backgrounds and experience. Ananda Krishnan’s first entrepreneurial initiative was venturing into oil trading. He has set up Exoil Trading that procures oil drilling contracts in various countries. While maintaining his first entrepreneurial ventures, he progressed further with his horse race betting operation in Malaysia.

Usaha Tegas Sdn Bhd in turn owns 33 per cent stake in Tanjong Plc, a 90 per cent stake in Maxis Communications Berhad, a 100 per cent stake in Measat Broadcast Network Systems. Tanjong Plc in turn owns 84 percent of shares Powertek Limited.
He also has a stake in Bumi Armada Berhad, the shipping company. Among the successful projects and bring the voucher is KLCC development project which is a partnership between Usaha Tegas Sdn Bhd and Petronas.
Through its stake in Tanjong Plc, the Usaha Tegas Sdn Bhd has an interest in the entertainment industry as the Tanjong Golden Village Cinemas. Both Powertek Berhad Tanjong Plc and each have a market capitalization of RM2.2 billion and RM1.2 billion. Maxis also have a total of 10 million users, making it the largest telecommunications company in

You May Also Find These Documents Helpful

  • Better Essays

    Lecture Note Week 12

    • 1272 Words
    • 6 Pages

    and Raju brothers were the only “promoter shareholders” sitting on the board. The audit and remuneration committees were independent. ti itt i d d t  In 2008, ranked as one of…

    • 1272 Words
    • 6 Pages
    Better Essays
  • Satisfactory Essays

    Ta Energy

    • 318 Words
    • 2 Pages

    So the risk of TA energy may increase if RG holds the main share of the company. Once RG become the main holder, it tends to consider more about RG’s benefit instead of TA energy, which is not good for the growth of TA energy.…

    • 318 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Telus Corporation, the third biggest telecommunication companies in the world, also know are stock T, is currently hold a market price of $ 37.77 with a price-to-earning ratio of 15.90. Currently had a downfall in their stock market. Wind Mobile a telecommunication company previously owned by Telus Corporation, was brought by Shaw Communications Inc. Shaw now owning Wind will have…

    • 518 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Qualcomm

    • 1422 Words
    • 6 Pages

    I. It has a huge number of buyers in entertainment, transportation and communication industries. 39% of the company’s revenue is generated from its buyers Samsung, LG and Hyundai. Buyers have a vast variety like Intel, IBM and Nokia etc., upon which they can switch.…

    • 1422 Words
    • 6 Pages
    Good Essays
  • Good Essays

    P1 Unit 3 Business Btec

    • 1364 Words
    • 6 Pages

    It owns and works networks in more the 30 different countries and also has partner networks in more than 40 other countries.…

    • 1364 Words
    • 6 Pages
    Good Essays
  • Satisfactory Essays

    He is rich. He has a many money, he is philanthropist and have a lot of donations.…

    • 113 Words
    • 1 Page
    Satisfactory Essays
  • Powerful Essays

    Its 1,192 individual shareholders own 5.886% shares. Remaining shares are with other institutional investors and employees. It has a presence in the consumer, transport, communications, textiles, power and healthcare sectors. The company also offers Certificates of Investments for various durations, both short-term and long-term. Some of its products are as follows: Askar, ALL s flagship products which has been synonymous with the concept of auto leasing in the country, Ask Life, Industrial Lease, Certificates of Investments, Ask Overseas and Ask Power.…

    • 2615 Words
    • 11 Pages
    Powerful Essays
  • Good Essays

    Flat Cargo Berhad

    • 2906 Words
    • 27 Pages

    Cargo Berhad (FCB). His team was to report to the audit committee of FCB in…

    • 2906 Words
    • 27 Pages
    Good Essays
  • Powerful Essays

    In 1977, Jagadish’s son Sanjay joined the company’s Board of Director and finally took over the company. Inspired from his visit the cold storage facilities in the US where he noticed and learned that the technology was much advanced and the companies were more cost effective and thus were able to pass on the benefits to…

    • 2062 Words
    • 9 Pages
    Powerful Essays
  • Satisfactory Essays

    Grameenphone has the best ownership structure in thetelecommunication industry in Bangladesh. Telenor is one of the largest companies,which is operating in different countries around the world. Again, in Bangladesh,Grameen Bank is one of the largest NGO, which has the sound communication allover the country. It is a joint venture enterprise between Telenor (55.8%), the largesttelecommunications service provider in Norway with mobile phone operations in 12other countries, and Grameen Telecom Corporation (34.2% ), a non-profit sisterconcern of the internationally acclaimed micro-credit pioneer Grameen Bank. Theother 10% shares belong to general retail and institutional investors.…

    • 1146 Words
    • 5 Pages
    Satisfactory Essays
  • Powerful Essays

    They own one of the country’s largest banks, Bank of the Philippine Islands. They own one of the country’s top telecommunication networks, Globe Telecom. They own one of the country’s leading real estate developer, Ayala Land. Other businesses of the Ayala’s include water distribution business Manila Water Company, information technology business Integrated Microelectronics, Inc., business process outsourcing company Integreon,…

    • 1263 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Pengantar Pemasaran

    • 2235 Words
    • 9 Pages

    Telekom Malaysia, which once owned Malaysia 's telecommunications landscape, now faces growing competition. Telekom Malaysia provides voice and data services through three primary operating units: TelCo, its core telecom business; Telekom Multimedia, which develops new media businesses; and ServiceCo, which oversees operational activities such as fleet and property management. The company is also a leading ISP. Among Telekom Malaysia subsidiaries are units that publish phone directories and operate fiber optic networks. It sold its cellular unit in 2002 but gained control of Celcom (Malaysia) in 2003. The company also owns stakes in businesses in nine countries in Asia and Africa. It is controlled by the state.…

    • 2235 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    Maxis Berhad is the first telecommunication company who build up integrated communication service and launched 4G LTE which is the highest internet speed in Malaysia. Besides that, Maxis Berhad is a trendy company that brings in iPhone, BlackBerry and Samsung Galaxy to the local market compare to the other telecommunication companies, it helps local users to catch up their technology knowledge with other countries.…

    • 5289 Words
    • 15 Pages
    Powerful Essays
  • Good Essays

    Since his return to Sri Lanka, he has served as Chief Executive Officer of Union Assurance PLC and President of the Insurance Board of Sri Lanka in 2002. He was engaged in providing consultancy services to the financial services industry. He also serves on several boards including National Development Bank PLC, Aviva NDB Insurance PLC and NDB Aviva Wealth Management Limited. Mr. Mangala Boyagoda a senior banker, possessing over 30 years’ experience in the field of financial services. Mr. Boyagoda serves as Chairman, Wealth Lanka Management (Pvt.) Limited and Director of South Asia Finance Excel Investments (Pvt.) Ltd, Wealth Trust Securities Ltd, New World Securities (Pvt.) Ltd, Asset Trust Management (Pvt.) Ltd, PC House PLC and Sierra Construction Ltd. He is a former Chief Executive Officer, Standard Chartered Bank, Colombo and former Managing Director/ Chief Executive Officer National Wealth Corporation Ltd. Mr. Modarage Thilakasiri who is having 27 years of experience as a Management Consultant and a Corporate Trainer to many local and multinational organizations in the private sector and public sector. He also serves as a Senior Visiting Lecturer in Strategic Management for the Master’s Degree programs in Business Administration of University of Colombo,…

    • 1233 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    The Company commenced operations in India in February 2005. Its primary business is development of properties in residential, commercial, retail and hospitality sectors. In addition, it has also identified healthcare, education and infrastructure as business lines for future growth. Its operations span across various aspects of real estate development, such as land identification and acquisition, project planning, designing, marketing and execution.…

    • 3371 Words
    • 14 Pages
    Powerful Essays