“Strong demand” for Astro IPO
October 4, 2012
Astro Malaysia has said its initial public offering (IPO) has received strong demand from Malaysian and international investors, including leading institutional investors.
In a statement, Astro Malaysia said the retail, institutional, cornerstone and Ministry of International Trade and Industry (MITI) tranches of the offering have been priced at RM3.00 per share.
At RM3.00 per share, the market capitalisation of the integrated consumer media entertainment group in Malaysia will be RM15.6 billion ($5.1 billion), the statement said.
The IPO is the third largest public offering in Malaysia and Southeast Asia thus far this year.
Other posts by :
- Blue Origin drops passenger flights
- Bank: “Charter racing to the bottom”
- SpaceX IPO in June?
- Russia postpones Starlink rival
- Viasat taps Ex-Im Bank to finance satellite
- Bank: TeraWave not a direct threat to AST SpaceMobile
- SpaceX lines up banks for IPO
- SES to FCC: “Don’t auction more than 160 MHz of C-band”