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Ananda Krishnan Dies: Malaysian Media & Oil Tycoon Was 86
Ananda Krishnan was a founding director of state oil firm Petronas and in 2007, he led the buyout of Malaysian telecom firm Maxis.
Malaysian billionaire Ananda Krishnan, whose businesses spanned across oil, gas and telecommunications, has died at the age of 86, his private investment company said on Thursday. Krishnan, who also went by the nickname AK, had stakes in oilfield services provider Bumi Armada, as well as in India’s (now-bankrupt) Aircel and Sri Lanka’s SLTMobitel. He also has interests in U.K. newspaper group Johnston Press; Malaysia’s second-largest cinema chain, TGV; and Celestial Pictures.
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