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February 12, 2016 10:00 AM ET

Capital Markets

Company Overview of Usaha Tegas Sdn. Bhd.

Company Overview

Usaha Tegas Sdn. Bhd. is a principal investment firm. Usaha Tegas Sdn. Bhd. was founded in 1984 and is based in Kuala Lumpur, Malaysia.

Level 37-40 Menara Maxis

Kuala Lumpur City Centre

Kuala Lumpur,  50088


Founded in 1984


60 3 2380 7788


60 3 2380 6677

Key Executives for Usaha Tegas Sdn. Bhd.

Chief Operating Officer
Age: 47
Executive Director
Compensation as of Fiscal Year 2015.

Usaha Tegas Sdn. Bhd. Key Developments

Investors Reportedly Eyes Petronas Assets

Investors reportedly eyes assets of Petroliam Nasional Berhad in Vietnam. According to documents viewed by The Edge, Bank of America Merrill Lynch is assisting Petronas on the sale of its three oil and gas fields in Vietnam. According to Edge Malaysia, emails to Bank of America Merrill Lynch managing director and head of Asia-Pacific energy and power Shamus Hassan regarding the interested parties were not answered at press time. A source says, several parties are showing interest. We hear a few big names have enquired about the assets, but details are not known as the tender process is confidential. The source adds that one of the interested parties is Pexco NV which is understood to have already expressed interest in Petronas assets in Vietnam. Pexco is owned by Ananda's privately held flagship Usaha Tegas Sdn. Bhd. According to Edge Malaysia, Usaha Tegas and Pexco officials were not available for comment.

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