'Invisible' dealmaker billionaire Ananda Krishnan back in spotlight (update)


KUALA LUMPUR (Reuters) - Over nearly two decades, Malaysia's second richest man Ananda Krishnan has quietly initiated a number of deals that have left observers perplexed but earned him a reputation of being an impeccable timer of markets.

Now Ananda, as he is known in business circles, is again in the midst of a mega-asset sale that is shrouded in secrecy and has everyone guessing about the intent of the deal.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Upstream spending to anchor O&G outlook
Inta Bina secures RM221.08mil Mitraland project
AI boom to lift 2026 growth despite slower Asia outlook
HE Group bags RM124mil data centre contract
Malaysia Airlines sees strong demand from China
Economy resilient
Bright prospects for SkyeChip on agentic AI expansion
UUE Holdings wins RM30mil Singapore jobs
Superlon taps Jeremy Liu as chief executive
Synergy House recovery hinges on dollar strength

Others Also Read