ASTRO pricing IPO

September 21, 2012: Pay-TV firm Astro Malaysia has set an indicative price range of RM2.70-3.00 per share for institutional investors for its initial public offering (IPO) that could raise up to RM4.56 billion (approx €1.1bn) according to reports.

The IPO, which is expected to be listed by end-September or early October, would be Malaysia’s third-largest this year after share sales by Felda Global Ventures Holdings Bhd in June and IHH Healthcare Bhd in July.

http://advanced-television.com/index.php/2012/09/19/astro-sets-price-range-for-ipo/