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)

Popular posts from this blog

FBM KLCI Technical Outlook

Malaysia Inflation to start easing end-3Q or early 4Q2011

Trump’s Win – Bark Worse Than Bite?