Tuesday, 29 November 2011

Ananda Krishnan (CEO- Maxis Communications & MEASAT) : $8.1 billion


Ananda Krishnan holds an MBA from Harvard University in 1964. Prior to that, he received his education from Vivekananda Tamil School and Victoria Institution in Kuala Lumpur. He attended University of Melbourne, Australia to complete his degree.  
 
Ananda currently owns 2 of the biggest communications companies in Malaysia; Maxis Communications & MEASAT Broadcast Network Systems. Maxis is currently the biggest cellular phone company in Malaysia with more than 5 millions subscribers and about 30% of Malaysia's market share. 
 
MEASAT currently has 2 communication satellites navigating the earth, and offers 30 television channels and 16 radio channels. The 3rd satellite is said to being launched but is yet to be confirmed.  His satellite TV operations now include Indonesia, India, Philippines, Brunei, Vietnam and Taiwan.
 
Apart from that, Ananda Krishnan owns substantial shareholder-ship in Tanjong Plc, which interest in entertainment industry like Tanjong Golden Village Cinemas. 
 
Ananda's strength lies in his ability to appreciate and take advantage of new technology discoveries and make them work in his way.  His intelligent, vision and leadership has enabled him to continue leading the pack in the Malaysian's rich-list for many years.
 
In his course of life, he has been contributing huge sums of energy and money for the charity and foundations. He has donated as much as RM160 millions towards developing and providing education opportunities for Bumiputra in Malaysia.
 
Ananda Krishnan is married with 3 children.
MANY words have been used to describe T. Ananda Krishnan - enigmatic, daring, bold, shrewd, down-to-earth - the list goes on. Fortune magazine, in a 2001 article, aptly called him "Kuala Lumpur's Mr Big".
With both his hands in many cookie jars, he has chartered his name, not only in Malaysia, but across the continents.
Said to have an extraordinary entrepreneurial flair and inventiveness,
Ananda started out as an oil trader, setting up Exoil Trading which went on to purchase oil drilling concessions in various countries.

He progressed to gaming in Malaysia, stud farming in Australia, running cartoon animation studios in California and Manila, and making a series of investments in private companies from Hong Kong to the Channel Islands.
Diversity was his motto. He got involved in the multimedia industry in the early 90s and developed other interests in entertainment, satellite, oil, power, shipping, telecommunications, property and gaming.
He has a string of multiplex theatres in Malaysia which offers movies on the bigger screen.
His entertainment company holds more than 800 movie titles. He also owns the world's largest Chineselanguage movie library, Celestial Pictures.
Today, Ananda has businesses spread all over the globe, including the United States and Japan.
His businesses are varied. In the Philippines, he produced children's
cartoons at the Philippine Animation Studios. He has also worked on Datuk Lat's Malaysian cartoon series for the international market.

Here at home, he is probably most known as the key force behind the building of the world's tallest structure, which is also one of the
largest real estate developments in the world - the Petronas Twin Towers.

His little black book includes names like Jack Welch, Rupert Murdoch and Maurice Greenberg, not to mention veteran rock star Sir Bob Geldof, with whom he mounted the Live Aid charity concert in 1985 in London and Philadelphia to raise funds for the Ethiopian famine victims.
Dominic Armstrong, head of regional research for ABN AMRO, was quoted in an interview as saying: "It's not so much Malaysia that you're backing, it's Ananda. He is a worldclass businessman who happens to be Malaysian." Now, Malaysia's richest man, who was reported by Fortune magazine this year as worth a staggering RM8.77 billion, controls Tanjung Plc, Maxis Communications Bhd and Measat Broadcast Network Systems Sdn Bhd which operates the popular Astro satellite network, all via his private investment vehicle, Usaha Tegas Sdn Bhd.
He collaborated with American geologist Tom Cantwell to purchase the rights to drill in Indonesia, the Philippines, Sri Lanka, Egypt, the North Sea and the US. They are said to have had more than 2.5 million hectares (1996 figures) under lease.
One of his well remembered business successes was when he secured a RM2.8 billion loan in Sept 20, 2001 for Maxis, the largest corporate loan since the 1997/98 financial crisis, from Japan, the Netherlands and Canada.
Ananda Krishnan, or AK, as he is also known, is a man of humble
beginnings.

The son of a senior clerk in the civil service, this determined character achieved world renowned success which began with education at the Victoria Institution in Kuala Lumpur.
He then pursued his studies at Melbourne University in Australia, where he was introduced to horses by his college mates, as all his friends' fathers bred horses.
It was said that his first business venture while still a student at the
university was a small betting operation. Apart from that, he also worked in a radio station and edited the college paper.

He took part in plays, one of them the Merchant of Venice, and a biweekly discussion programme over radio.
After gaining his Bachelor of Arts (Honours), he moved on to Harvard University for a Masters in Business Administration in 1964.
Although he has been hugely successful in business, he has remembered others of lesser means.
More recently in June, companies under him pledged RM160 million to various education funds in the country.
Even though there are many words to describe Ananda Krishnan, at the top of it all is Malaysian.

source: http://www.maxis.com.my/personal/about_us/newsroom/reports/2003/r_23_August_2003_a.asp

Tan Sri Azman Hashim: RM542 million: (Ambank)


Known for his perseverance and intelligence, Azman Hashim  is one of the renowned names in Malaysian history. He is the man who vastly contributed towards the economic development of Malaysia and stands amongst the high esteemed and richest people of Malaysia.

Azman Hashim is one of the richest people of Malaysia. Born on July 1939, Tan Sri Dato’ Azman Hashim had thirteen siblings. He spent the early years of his life in Kamung Baru, a place in Kuala Lumpur. Azman Hashim’s success is attributed to his mother, a school teacher, and his father, a strict disciplinarian. Brought up in an environment of strict discipline and wisdom, Azman Hashim passed the Senior Cambridge examination with a first division in the year 1954.

Always a diligent child, Azman Hashim wished to pursue further studies in medical science but as he received the Colombo Plan Scholarship he had to move to Australia to study accountancy. From 1955 to 1960, he studied in Australia and before the age of 21 he became a Chartered Accountant and a Chartered Secretary.

In the year 1960, Azman Hashim was declared Fellow of both the Chartered Institute of Accountants, Australia (FCA Australia) and the Institute of Chartered Secretaries & Administrators (FCIS). Later, due to his intelligence and perseverance, Azman Hashim was also declared the Fellow of the Malaysian Institute of Bankers, the Malaysian Institute of Directors and the Malaysian Institute of Management.

On the 3rd of March 1963, after the completion of his studies and attainment of a successful career, Azman Hashim, married YM Tunku Arishah Tunku Maamor.

Working as a Chartered Accountant, Azman Hashim started his professional career with Messrs O.L. Haines & Co, an Australian company located at Perth in 1955. Later, in 1960, Azman Hashim returned to Malaysia and started working with Bank Negara. Azman Hashim left his job on May 1964 and started his own practice with his own enterprise Azman & Co. With great talent and intelligence, Azman Hashim took his company to greater heights and later it came to be known as Azman Wong Salleh & Co (Chartered Accountants).

In the year 1966, Azman Hashim joined the Board of Malayan Banking Berhad and from 1971-1980 he served there as an Executive Director. In the year 1980, he was appointed as the Executive Chairman of Kwong Yik Bank Berhad. He served there till 1982 and then joined the AmBank Group. Presently, Azman Hashim is the Executive Chairman of the Amcorp Group Berhad and also the chairman of its various subsidiaries.

Azman Hashim is also a Chairman to various other groups and organizations. They include:
  • National Productivity Corporation
  • Non-Aligned Movement’s (”NAM”) Business Council
  • Malaysian Investment Banking Association
  • Co-Chairman of Malaysia-Singapore Roundtable
  • Board of Trustees, Perdana Leadership Foundation.
  • Pacific Basin Economic Council (”PBEC”) International
  • Co-Chair, United Nations Economic and Social Commission for Asia and the Pacific (”UNESCAP”) Business Advisory Council and
Various other organizations have chosen Azman Hashim as their President, which include:
  • Malaysia South-South Association
  • Friends of Prisons Association
  • Malaysia South-South Corporation Berhad
  • Malaysia-Japan Economic Association
Azman Hashim is also the member of:
  • National Economic Consultative Council II (MAPEN II)
  • Business Advisory Council of APEC (”ABAC”)
  • The Trilateral Commission (Asia-Pacific Group)
  • Board of Advisors, AIM Centre for Corporate Social Responsibility
  • Malaysia-British Business Council
  • Malaysia-China Business Council
  • International Advisory Panel, Bank Negara Malaysia
  • International Centre for Education in Islamic Finance (INCEIF)
  • International Advisory Panel,World Islamic Economic Forum and
  • Leader of the ASEAN-Japanese Business Meeting (Malaysia Committee, Keizai Doyukai).
In his bright career Azman Hashim, received a number of awards for his immense contribution towards the economic development of Malaysia. The awards honored to him include:
  • Darjah Kesatria Mangku Negara - 1972
  • Darjah Dato’ Paduka Mahkota Selangor - 1980
  • Johan Mahkota Negara - 1984
  • Asia’s Banker of the Year- 1985
  • Darjah Panglima Setia Mahkota- 1988
  • ASEAN Businessman of the Year- 1993
  • Grand Entrepreneurial Award -1996
  • Menteri Besar Grand Entrepreneurial Award- 1997
  • Sathya Sai Educare Academy Values for Life Excellence- 2004
Azman Hashim received many other awards from various esteemed educational organizations for his contribution to academics, business and community development. In 1985, he was awarded with an Honorary Doctorate in Philosophy by Universiti Utara Malaysia and in 2004 he was awarded an Honorary Doctorate in Business Administration by the Universiti Kebangsaan Malaysia. In the year 2005 Azman Hashim was appointed as the Pro-Chancellor of the Open University Malaysia.

A man with a vivacious personality and high esteem, Azman Hashim’s hobbies include singing, scuba diving, and riding power boats and jet skies. Azman Hashim, with vast contribution to the economic facet of Malaysia and business edification, stands amongst the esteemed persons of Malaysia and the world. Presently, he is recognized as the 11th richest man of Malaysia. 
HE IS a survivor by all accounts. He escaped death in a horrific car crash many years ago. He faced his baptism of fire in the corporate world duringthe property crash of 1985. And he managed to wriggle his way out of the deepest recession the Malaysian economy ever experienced in 1998.
Tan Sri Azman Hashim is the comeback kid of Malaysian banking. At the height of the currency crisis, he almost lost his banking empire. Under the central bank-driven banking consolidation programme, Azman's bank was to be swallowed by a smaller financial group. However, Azman managed to convince the authorities to give his group anchor bank status. In the aftermath of the financial crisis, the Arab-Malaysian group's financial arm rebounded strongly. Its strong performance paved the way for Azman to package a restructuring scheme to address the group's RM1.4 billion debts. Creditors approved the scheme in January last year. Azman's personal debts, which in 1998 was said to be about RM600 million, has alsobeen reduced to a more manageable level.
An affable character, the 61-year-old Azman controls six listed companies through his flagship, Arab-Malaysian Corporation Bhd. He honed his banking skills 40 years ago when he joined Bank Negara at age 21. An accountant by training, Azman was appointed to the board of Malayan Banking Bhd (Maybank), the leading bank in the country, in 1966. At 31, he became its executive director, a post he held until 1980. After a two-year stint in Kwong Yik Bank (Maybank's subsidiary), Azman bought Arab- Malaysian Merchant Bank in April 1982. Azman gradually built up that acquisition into a financial supermarket.
He also ventured into property development, which has proved to be a bane to the group in times of recession. With a penchant for fast cars, water sports and snorkelling, Azman also sings and has cut a few albums together with his wife.

Provided by ProQuest Information and Learning Company. All rights Reserved.

Tan Sri Syed Mokhtar al-Bukhary : $1.7 billion (MMC)

                                                        

Tan Sri Syed Mokhtar Al-Bukhary is one of the most prominent Malaysia entrepreneurs and is popular with his generosity and philanthropic deeds for the society. He is also known for his down-to-earth attitude, and a guy who as much as possible, avoids publicity, cameras and interviews, which at times can be an overwhelming task, considering his status quo as one of the 10 richest men in the country.

Much of Syed Mokhtar’s attitude is attributed with his parents’ upbringing since he was still a small kid. He was born into a mid-low class family in Kedah, with both his parents having average income background. Being nowhere near to living a wealthy life style did not stop his father and mother from instilling good values in raising their kid. Their home came without necessities, let alone luxuries. Syed Mokhtar himself never went beyond the secondary school, as the prevailing family condition forced him to quit schooling and help family by doing odd jobs and starting small scale businesses.

Syed Mokhtar started his real business in the southern Malaysia, selling and distributing rice. With the acquired knowledge and increase in his entrepreneurship skills, he later ventured into trading, logistics and shipping. His mother’s advice to treat part of the money he received as belonging to the poor and the needy remains at the core of his heart. True enough, when he was merely 23 years old, he gave away half of his monthly income of RM1,500 to the needy, donating it to 15 poor families in his village. He has never stopped giving since.

In 1996, Syed Mokhtar set up Al-Bukhary Foundation to assist the needy, with him as the sole donator. The foundation finances English, Science and Mathematics classes for more than 20,000 underachieving students every year, as well as running a college scholarship program for 300 students in more than 40 countries. Between 1996 and 2006, the Al-Bukhary Foundation has contributed about 1 billion for various charity causes.

The foundation also built the famous and gigantic Al-Bukhary mosque in Alor Setar, Kedah, adjacent to a business complex, which today becomes a prominent landmark in Kedah with its remarkable architecture.

In January 2008, Syed Mokhtar was honored as the recipient of the Tokoh Maal Hijrah 1429. And owing his success to his mother’s teachings, he decided to give the cash award of RM80,000 to his mother, Sharifah Rokiah Syed Mohamed Rahmat.
Posted by Hafsham at 2:11 PM