Astro: Ananda, Khazanah succeed in privatisation

Astro  All  Asia  Networks  plc’s major  shareholders  T  Ananda  Krishnan  and  Khazanah Nasional  Bhd  have  now  secured ownership of over 90% of  the company’s paid-up capital pursuant  to  their conditional  takeover offer at RM4.30 cash per share.  In  a  statement,  CIMB  Investment  Bank  Bhd  on  behalf  of  the  offeror,  Astro  Holdings  Sdn  Bhd  (AHSB),  said accordingly, the offer had become unconditional as of yesterday. (Financial Daily)

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