A Private Limited Company (Sdn Bhd) can acquire a Public Limited Company (Bhd).
For instance, Usaha Tegas Sdn Bhd, owned by Ananda Krishnan, owns Maxis Communications Bhd and Tanjong PLC.
The same with Tony Fernandes; he owns Tune Group Sdn Bhd, which in turn owns AirAsia Bhd.
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