January 20, 2017 8:24 PM 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

Malaysia

Founded in 1984

Phone:

60 3 2380 7788

Fax:

60 3 2380 6677

Key Executives for Usaha Tegas Sdn. Bhd.

Chief Operating Officer
Age: 48
Executive Director
Compensation as of Fiscal Year 2016.

Usaha Tegas Sdn. Bhd. Key Developments

Astro Malaysia May Reportedly Be Taken Private

T Ananda Krishnan is exploring the possibility of taking Astro Malaysia Holdings Berhad (KLSE:ASTRO) private again. According to industry sources, Ananda, who owns 40% of Astro Malaysia, is looking at a corporate exercise to take out the rest of the shareholders in the company via his private vehicle Usaha Tegas Sdn. Bhd. “The exercise is still in preliminary stages and details have yet to be finalised. Usaha Tegas feels that the market is not valuing the company fairly. However, it would be interesting to see how much Usaha Tegas would want to offer for Astro, if it decides to go ahead with the exercise, considering the challenging landscap,” said a source.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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