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Tune Group Sdn Bhd
Private
Industry Entertainment, Leisure
Headquarters

Wisma Tune, Jalan Dungun, Bukit Damansara

, Kuala Lumpur, Malaysia
Key people
Tony Fernandes (Chairman)
Kamarudin Meranun (CEO)
Subsidiaries Air Asia
Tune Hotels
Caterham Group
Queens Park Rangers
ASEAN Basketball League
Tune Tones
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. Tune Group's mission is to provide affordability and accessibility to leisure activities and entertainment, primarily in Asian markets. It does this via its airline, hotel, telecommunication, financial services, sports, media and creative industries subsidiaries.[1][2][3] Its subsidiaries include Air Asia, a budget airline, Caterham F1 Team, a Formula 1 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]

Business[edit]

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]

Portfolio[edit]

  • AirAsia Berhad
  • Tune Talk Sdn Bhd
  • Tune Hotels Regional Services Sdn Bhd
  • Tune Money Sdn Bhd
  • Think Big Digital Sdn Bhd
  • Tune Ins Holdings Berhad
  • Tune Studios Sdn Bhd
  • QPR Asia Sdn Bhd
  • Tune Box Sdn Bhd
  • Educ8 Group Sdn Bhd
  • Caterham Group

Sponsorship[edit]

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[edit]

References[edit]

  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  – via HighBeam Research (subscription required) Accessed 24 November 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

External links[edit]


Original courtesy of Wikipedia: http://en.wikipedia.org/wiki/Tune_Group — Please support Wikipedia.
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378 news items

 
The Star Online
Sun, 07 Jun 2015 17:55:04 -0700

The research house said the reasons for Tune Group's planned disposal of its stakes in Tune Ins could be mainly profit taking after the good performance of the share price of Tune Ins since the IPO. Another factor was the need for capital for other new ...

The Star Online

The Star Online
Wed, 10 Jun 2015 16:26:15 -0700

CIMB Research said Tune Group, the largest shareholder of Tune Ins with 16.6% stake, plans to place out shares of the insurance company to strategic shareholder(s) including established international insurance company/companies, instead of selling it ...
 
Malay Mail Online
Fri, 05 Jun 2015 04:37:30 -0700

SINGAPORE, June 5 — Tune Group Sdn., the investment firm backed by AirAsia Holdings Bhd. founder Tony Fernandes, is considering selling its shares in a Malaysian insurance venture. Tune Group's review of its stake in Tune Ins Holdings Bhd. is at a ...
 
Bloomberg
Thu, 11 Jun 2015 03:41:15 -0700

Tune Group Sdn. is the biggest shareholder of AirAsia X, with 10.2 percent. AirAsia held 7.9 percent of AirAsia X, according to Bloomberg data. The stock of AirAsia, which uses Airbus Group SE single-aisle planes to fly across Asia, was the worst ...

Channel News Asia

Channel News Asia
Wed, 24 Jun 2015 20:45:00 -0700

Since 2007, Fernandes and Kamarudin have launched a chain of budget hotels, a mobile phone group, a school and ventured into financial services through their holding company Tune Group. Last year Fernandes sold Caterham Formula One team, after ...

Financial Times

Financial Times
Sat, 27 Jun 2015 21:17:47 -0700

Mr Fernandes, whose Tune Group is AirAsia's largest shareholder, added: “It's preposterous to suggest that there's any intention to hide. The fact that we're so transparent allowed them to write that report. We declared far more than we needed to.”.

Malay Mail Online

Malay Mail Online
Thu, 11 Jun 2015 04:30:27 -0700

Tune Group Sdn. is the biggest shareholder of AirAsia X, with 10.2 per cent. AirAsia held 7.9 per cent of AirAsia X, according to Bloomberg data. The stock of AirAsia, which uses Airbus Group SE single-aisle planes to fly across Asia, was the worst ...

DEALSTREETASIA

DEALSTREETASIA
Fri, 05 Jun 2015 22:38:46 -0700

Tune Group CEO Tan Hong Kheng responded to the news wires in an email,saying that the review was at a preliminary stage. Tune Group is the largest shareholder in Tune Ins with a 16.6 per cent holding, worth about $62 million based on its current price, ...
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