Ananda founded and built companies in telecommunications, satellite television, oilfield services, and property development industries.
Malaysia’s Ananda Krishnan attends the Allen & Co Media Conference in Sun Valley, Idaho July 11, 2012. - REUTERS/Jim Urquhart/File Photo: Ananda Krishnan, who died today aged 86, leaves an indelible mark in corporate Malaysia having founded several top-notch companies and emerging as among Malaysia’s richest men.
“His philanthropic initiatives have touched many lives. We humbly ask that the family’s wishes to mourn in private be respected,” the company said. He is survived by his son, Ven Ajahn Siripanyo, whose mother, Momwajarongse Suprinda Chakraban, is of Thai royal descent. Ven later became a Buddhist monk.It is little known in Malaysia but Ananda had reportedly helped finance the Live Aid concert, the biggest and most significant concert in 1985, which featured a phenomenal performance by rock band Queen and their frontman Freddie Mercury.
His business acumen then led to the creation of a vast empire spanning multiple sectors including telecommunications , media and satellite , oil and gas , controlled Tanjong Public Ltd Company, encompassing TGV Cinemas and leisure operations.Ananda, who founded Maxis Bhd on April 1, 1993, foresaw many milestones in the telecommunications company, making it among the top 30 companies in Bursa Malaysia’s FBM KLCI index, as well as the top three key industry players.
On July 16 this year, Ananda was again in the spotlight, with market talk suggesting that Maxis was exploring a buy-out of U Mobile Sdn Bhd.
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