Astro Malaysia seeks up to $1.5 billion from IPO

The pay-TV company starts bookbuilding today for the latest large offering in Malaysia.

Astro Malaysia seeks up to $1.5 billion from IPO

Astro Malaysia Holdings, a consumer media entertainment group, is set to start bookbuilding today for its initial public offering, which is targeted to raise between M$4.1 billion and M$4.56 billion about $1.3 billion to $1.5 billion, sources said.

Malaysia has been a bright spot for IPOs this year. Drawing support from domestic pension money, the country has produced two of the world’s biggest offerings so far this year Felda Global Ventures and IHH...

To continue reading, please login or register for free

Print Edition

FinanceAsia Print Edition


  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...