Usaha Tegas

Investment
holding company

Founded1984HeadquartersMenara Maxis, KLCC
Kuala Lumpur,
Malaysia

Key people

Ananda Krishnan (Chairman)OwnerAnanda Krishnan

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 Malaysia Holdings Berhad, 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 Berhad
Astro Malaysia Holdings Berhad
- MEASAT Broadcast Network Systems Sdn. Bhd.^[2]
- Astro Overseas Limited
Tanjong PLC^[3]
- TGV Cinemas
Bumi Armada Berhad
Pexco NV^[4]
MEASAT Satellite Systems
Sri Lanka Telecom PLC

Notes

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