Tune Group

Last updated

Tune Group Sdn Bhd
Company type Private Limited Company
Industry Entertainment, Leisure
Headquarters
Wisma Tune, Jalan Dungun, Bukit Damansara, Kuala Lumpur
,
Key people
Subsidiaries AirAsia
Tune Hotels
ASEAN Basketball League
Tune Talk
Tune Live
Tune Protect
Website www.tunegroup.com

Tune Group Sdn Bhd (or Tune Group Sendirian Berhad, meaning 'private limited') is a leisure and entertainment corporation founded by the Malaysian entrepreneurs Tony Fernandes and Kamarudin Meranun. It has airline, hotel, telecommunication, financial services, sports, media and creative industries subsidiaries. [1] [2] [3] Its subsidiaries include: budget airline AirAsia; Caterham Group, a motor engine-based technology company, through which it formerly owned the Caterham F1 Team; [4] and Queens Park Rangers, an English football club. [5] Tune Group was the official shirt sponsor of FA match officials until 2013. [6]

Contents

Business

Tune was founded in late 2001 with the purchase of AirAsia by Tune Air Sdn Bhd on 2 December 2001. In 2013, Tune Group expanded its low budget hotel business (Tune Hotels) in Australia. [7]

In 2018, Tune Hotels are no longer managed by Tune Group and currently under the management of Ormond Group.

Businesses

Sponsorship

Lotus Racing car with Tune Group logos. Fairuz Fauzy 2010 Malaysia 1st Free Practice.jpg
Lotus Racing car with Tune Group logos.

Tune Group is a partner of The Football League and the FA Cup. It contracted to partner the Professional Games Match Officials (PGMO) for seven years and ran for three years for the course of the 2010–2011 season.[ clarification needed ] Previously, PGMO was affiliated with the Tune Group subsidiary AirAsia. [8] [9]

See also

Related Research Articles

<span class="mw-page-title-main">AirAsia</span> Low-cost airline of Malaysia

Capital A Berhad, operating as AirAsia, is a Malaysian multinational low-cost airline headquartered near Kuala Lumpur, Malaysia. It is the largest airline in Malaysia by fleet size and destinations. AirAsia operates scheduled domestic and international flights to more than 166 destinations spanning 25 countries. Its main base is KLIA Terminal 2, the low-cost carrier terminal at Kuala Lumpur International Airport (KLIA) in Sepang, Selangor, Malaysia. Its affiliate airlines AirAsia Cambodia, Thai AirAsia, Indonesia AirAsia, and Philippines AirAsia have bases in Phnom Penh, Bangkok–Don Mueang, Jakarta–Soekarno-Hatta, and Manila–Ninoy Aquino airports respectively, while its sister airline, AirAsia X, focuses on long-haul routes. AirAsia's registered office and head office is at Kuala Lumpur International Airport.

<span class="mw-page-title-main">Sime Darby</span> Malaysian trading conglomerate

Sime Darby Berhad is a Malaysian trading conglomerate. Its core businesses operate and serve in the industrial, motors and logistics sectors as well as the healthcare, and insurance segments.

Lion Group Malaysia is headed by chairman and chief executive officer William Cheng. Cheng's grandfather founded Lion as a small trading company in Singapore after leaving China in the 1920s. It became Malaysia's biggest steel manufacturer after winning a license from the government in 1978. One of the group's biggest investments is Suzuki Assemblers Malaysia Sdn Bhd which manufactures Suzuki motorcycles for the Malaysian market. Between 1997 and 1999 they were also involved in a joint venture with the Nanjing Group, producing the SEAT Ibiza-based Nanjing Yuejin Soyat for the Chinese market.

<span class="mw-page-title-main">Tony Fernandes</span> Malaysian entrepreneur (born 1964)

Tan Sri Anthony Francis Fernandes is a Malaysian entrepreneur. He is the founder of Tune Air Sdn. Bhd., which took over the first Malaysian budget airline, AirAsia. Fernandes turned AirAsia, a failing government-linked commercial airline, into a highly successful budget airline public-listed company. He has since founded the Tune Group of companies. He is the owner of Caterham Group, the parent company of British car manufacturer Caterham Cars. Until July 2023, he was the majority shareholder of Queens Park Rangers F.C..

Prasarana Malaysia Berhad (Prasarana) (English: Malaysian Infrastructure Limited) is a 100% government-owned company which was set up by Ministry of Finance (Malaysia) as a corporate body established under the Minister of Finance (Incorporation) Act 1957 to own the assets of multi-modal public transport operator in Malaysia, under the government's move to restructure the city's public transport system. It is one of the largest public-transport companies in Malaysia other than Konsortium Transnasional Berhad. As a government-owned company since 1998, it operates stage bus and light metro services via several wholly owned subsidiaries.

TheEdge Media Group is the publisher of business and financial publications in Malaysia and Singapore, with headquarters in Petaling Jaya, Selangor, Malaysia. It is divided into four subsidiaries: The Edge Communications Sdn Bhd, publisher of The Edge Malaysia – a Business and investment weekly publication launched in 1994 available in both print and digital formats and The Edge CEO Morning Brief – a digital business and political news publication available every Tuesday-Friday morning, The Edge Publishing Pte Ltd, publisher of The Edge Singapore – a local newspaper with in-depth and analytical coverage on business and investments within Singapore and across the region, The Edge Property Sdn Bhd and The Edge Property Pte Ltd.

AirAsia X Berhad, doing business as AirAsia X, is a Malaysian long-haul low-cost airline and a sister company of AirAsia. It commenced operations on 2 November 2007 with its first service flown from Kuala Lumpur International Airport, Malaysia, to Gold Coast Airport in Australia. AirAsia X flies to destinations within Asia, and Australia. The airline operates a fleet of 15 Airbus A330-300 aircraft.

Tune Hotels, legally incorporated as Tune Hotels Management Sdn Bhd, is a limited service hotel chain and part of the Tune Group, the private investment group of Tan Sri Tony Fernandes, founder and group CEO of low-cost airline AirAsia.

<span class="mw-page-title-main">Bintulu Airport</span> Airport in Sarawak, East Malaysia

Bintulu Airport is an airport serving Bintulu, a town in the state of Sarawak in Malaysia. The airport is located 5 km (3.1 mi), 23 km (14 mi) by road, southwest of the city, and although small, it is able to handle planes as large as a Boeing 747. In 2008, the airport handled 417,918 passengers and 16,787 aircraft movements.

<span class="mw-page-title-main">AmBank</span> Malaysia-based bank

AmBank Group comprises AMMB Holdings Berhad is one of the largest banking groups in Malaysia whose core businesses are retail banking, wholesale banking, Islamic banking, and life and general insurance.

<span class="mw-page-title-main">Malaysia Airports</span> Government owned company

Malaysia Airports Holdings Berhad is a Malaysian airport management company that manages most of the airports in Malaysia. The firm was recently awarded the duty to manage airports in international destinations. It has its head office in the Malaysia Airports Corporate Office in the Persiaran Korporat KLIA in Kuala Lumpur International Airport (KLIA), Sepang, Selangor.

<span class="mw-page-title-main">PLUS Expressways</span>

The PLUS Expressways Berhad is the largest highway concessionaries or build–operate–transfer operator company in Malaysia. A member of the UEM Group, the company is also the largest listed toll expressway operator in Southeast Asia and the eighth largest in the world.

Kulim (Malaysia) Berhad is a Malaysian company. Through its subsidiaries, it engages in oil palm plantation, investment holding, and property investment businesses in Malaysia. The company also manufactures rubber-based products, oleochemicals, and esters; produces oil palm clones by plant tissue culture technology; and distributes tropical fruits, as well as engaging in crude palm oil processing. The Corporate Office of Kulim (Malaysia) Berhad is located at Johor, Malaysia.

<span class="mw-page-title-main">DRB-Hicom F.C.</span> Malaysian football club

DRB-HICOM Football Club is a football club established to compete in Malaysia football league. The team played in the Malaysia Premier League since 2010 until 2016 before they withdrew from the league. It was simultaneously decided that the club's 2nd team to remain competing in an amateur league. Therefore, DRB-HICOM FC remained competing in the Kuala Lumpur Football Association (KLFA) League, where they have played since 2014. This team is composed of employees of DRB-HICOM Group of Companies and experienced local players.

<span class="mw-page-title-main">Team Lotus (2010–2011)</span> Former Anglo-Malaysian Formula One constructor

Team Lotus, originally Lotus Racing, was a Malaysian-licensed Formula One racing team and constructor, based in Hingham, Norfolk, UK, which competed during the 2010 and 2011 Formula One seasons. The team scored no championship points in the two years it competed.

Riad Asmat is a Malaysian businessman. He is the son of Perodua Chairman Tan Sri Datuk Asmat Kamaludin. He is the former CEO of the Caterham F1 Team and Team Principal of the Caterham Racing GP2 team. Tony Fernandes and fellow shareholders Kamarudin Meranun and SM Nasarudin later promoted Asmat to Group CEO of Caterham Group for Caterham F1 Team, Caterham Cars, Caterham Racing, merchandising, engineering and all related interests.

<span class="mw-page-title-main">Tune Talk</span>

Tune Talk Sdn. Bhd., doing business as Tune Talk, is a mobile virtual network operator (MVNO) riding on the network of Celcom (Malaysia) Berhad. Tune Talk entered into an MVNO agreement with Celcom in December 2008. Tune Talk appointed Ameen Amaendran Abdullah as their CEO in 2018, taking over from Jason Lo who is credited with developing the company to its modern state. In November 2023, Ameen Amaendran Abdullah left the role of CEO and rejoined redONE. The role of CEO is currently vacant and will soon to be announced.

<span class="mw-page-title-main">Catcha Digital Berhad</span>

Catcha Digital Berhad was formed on 8 October 2013 following the completion of the merger between certain Catcha Media Berhad subsidiaries and Says Sdn Bhd. The merger deal, valued at MYR60 million was first announced in May 2013 and completed in July. The new company that resulted was named Rev Asia Holdings Sdn Bhd or Rev Asia for short. On May 8, 2017, Rev Asia Sdn Bhd's subsidiary, Rev Asia Holdings, was acquired by Media Prima for MYR105 million.

Says Sdn Bhd is a company based in Petaling Jaya, Malaysia, that operates the web site says.com/my The company was formerly known as Youthsays Sdn Bhd. Since its point of inception in 2010, Says Sdn Bhd has served over 80 leading brands including Nike, Coca-Cola, Unilever, Maxis and Nestle. On 8 October 2013, Says Sdn Bhd completed a $20 million merger with Catcha Media Berhad's subsidiaries to form a new company, Rev Media Equity Holdings Sdn Bhd Effective 12 December 2013, Says Sdn Bhd became Rev Social Malaysia Sdn Bhd.

References

  1. "Company Overview of Tune Group Sdn Bhd". Bloomberg Business Week website. Accessed 17 February 2014.
  2. "Tune group has boasted as having the potential to repeat AirAsias success." Times of Oman 19 June 2012.
  3. "Tune Talk." Tune Group website June 2013.
  4. "Lotus to join Formula One grid for 2010." The Guardian 15 September 2009. Accessed 24 November 2012.
  5. "Queens Park Rangers Bought by AirAsia CEO Tony Fernandes." Bloomberg 18 August 2011.
  6. "Tune Group to sponsor Premier League refs" Marketing 6 October 2010. Accessed 23 March 2014.
  7. "Tune Group plans Aust expansion." Business Spectator. 18 June 2013. Accessed 17 February 2014.
  8. "Premier League referees whistle up new sponsorship deal." news.bbc.co.uk BBC News 6 August 2010 Accessed 17 August 2010.
  9. "Referees in Tune for the new season." Premier League 6 August 2010. Accessed 17 August 2010