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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 is the second largest cinema player in the country after Golden Screen Cinemas Sdn Bhd, which is owned by tycoon Robert Kuok’s PPB Group Bhd.
Tan Thiam Hock highlights where the oldschool and new school entrepreneurs don'tmeet and shares his admiration for a fewbusinessmen whom he regards as 'oldmasters'.
PETALING JAYA: The market is abuzz with a rumour that Felda Group's commercial entity will seek listing on Bursa Malaysia, a move that could potentially create the world's largest listed plantation company.
KUALA LUMPUR: Half of the top 10 people on i>The Wall Street Journal/i>'s South-East Asia Power List are Malaysians.
KUALA LUMPUR: In the face of volatile commodity prices, billionaire Robert Kuok's PPB Group Bhd said its financials for 2011 would be affected by escalating fuel costs and fluctuating currency exchange rates.
KUALA LUMPUR: Bumi Armada Bhd, a company controlled by billionaire T. Ananda Krishnan, raised RM2.66bil after pricing shares at the upper half of its indicative range in Malaysia's biggest initial public offering this year, two people familiar with the matter said.