Usaha Tegas

Usaha Tegas Sdn Bhd

Type	Private
Industry	Conglomerate
Founded	1984
Headquarters	Menara Maxis, KLCC Kuala Lumpur, Malaysia
Key people	Ananda Krishnan (Owner)

Usaha Tegas Sdn Bhd is a Malaysian investment holding company led by billionaire Ananda Krishnan. Its principal investments include telecommunications, media, property, and oil & gas companies. Through itself or its subsidiaries, it holds significant interests in the public-listed entities Maxis Berhad, Astro Holdings Sdn Bhd, and Bumi Armada Berhad.

The company was founded in 1984 by Ananda and is headquartered in Kuala Lumpur.^[1]

List of investments

Usaha Tegas's investments includes significant shareholdings in various industries.

• Maxis Communications Berhad
  • Maxis Berhad (listed on Bursa Malaysia) (65%)^[2]
  • Aircel Ltd (74%)^[2]
• Astro Holdings Sdn Bhd
  • Astro Malaysia Holdings Berhad (50%)^[3]
  • Astro Overseas Ltd
• Tanjong PLC^[4]
  • TGV Cinemas
  • Tropical Islands Resort
• Bumi Armada Berhad
• Pexco NV^[2]
• IHH Healthcare Berhad^[2]
• MAI Holdings Bhd
• MEASAT Satellite Systems
• Sri Lanka Telecom PLC
• PanOcean Management Ltd
• Johnston Press PLC
• Pacific States Investment Ltd
• Excorp N.V.

Notes

1. "Company Overview of Usaha Tegas Sdn. Bhd.". Bloomberg. Retrieved 4 March 2013.
2. Ng, Fintan (30 July 2012). "What’s M'sian billionaire Ananda Krishnan really up to?". The Star. Retrieved 4 March 2013.
3. Yeap, Cindy (23 August 2012). "Astro Malaysia to take one-third of IPO proceeds". The Edge. Retrieved 4 March 2013.
4. "Usaha Tegas to take Tanjong private for RM4.7b". The Edge. 30 July 2010. Retrieved 4 March 2013.

References

• Yeap, Cindy (26 August 2011). "Usaha Tegas Group: Impacting lives". The Edge. Retrieved 4 March 2013.