Why is billionaire Ananda removing RM18.8bil from the market?
Behind The News - By RISEN JAYASEELAN
risen@thestar.com.my
Wednesday August 4, 2010
THE recent corporate manoeuvres of low-profile billionaire T Ananda Krishnan have certainly got tongues wagging as to whether there’s more to the story behind the tycoon’s double-barrelled privatisations last week. That the rumour mill is working overtime is only to be expected.
After all, Ananda stands to be removing a whopping RM18.8bil in market capitalisation if he succeeds in privatising Measat Global Bhd and Tanjong plc, and if the recently privatised Astro All Asia Networks plc is included.
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