Astro: Privatisation to succeed.
The general offer for Astro All Asia Networks reached 99.3% acceptances from all parties, which exceeds the level needed for compulsory acquisition. The offerors will proceed to extend a final offer to compulsorily acquire the remaining shares of Astro at the same price of RM4.30 per share. Astro has already been excluded as a component of the KLCI 30 index and replaced by Hong Leong Financial Group, effective on 26th May. (Source: Bursa Malaysia)