Billionaire Ananda Krishnan to sell TGV cinemas?


KUALA LUMPUR: Speculation is rife that Ananda Krishnan would soon put his cinema business parked under TGV Cinemas Sdn Bhd up for sale following the disposal of his power assets.

TGV, which is wholly-owned by Tanjong plc, was said to have been up for sale a few years ago, but the deal had not gone through due to pricing issues, industry sources said.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 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

ICT Zone wins RM17.3mil tech contract
Corporate bond market set to hit RM130bil-RM140bil
ISF Group IPO oversubscribed by over 31 times
Swift Energy unit bags contracts worth RM18mil
MyTech takeover bid turns unconditional�
Matrade: Malaysia’s trade breaks RM3 trillion mark despite challenging global conditions
Swift Energy Tech subsidiary bags contracts worth RM18mil
Reneuco redesignates Mustakim Mat Nun to group MD
ISF Group IPO oversubscribed by over 31 times
Dayang subsidiary to purchase marine vessel for RM117.7mil

Others Also Read