KUALA LUMPUR: Astro Malaysia Holdings Bhd, the country's largest pay-TV firm, has priced its initial public offering at the top of its indicative range, one source with knowledge of the deal said, to raise about US$1.5 billion in Malaysia's third-largest IPO this year.
Astro, controlled by Malaysia's second-richest man Ananda Krishnan, set the IPO price at 3 ringgit per share, the source said on early Thursday, after gauging institutional investor demand at RM2.70 to RM3.
The IPO is being handled by CIMB Group Holdings Bhd , Malayan Banking Bhd and RHB Capital Bhd . Several foreign banks are also advisers, including UBS AG, Credit Suisse Group AG, Goldman Sachs Group Inc and JPMorgan Chase and Co. - Reuters
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
boboijohn
Results still PENDING! Hope to get some Astro shares!
2012-10-04 20:32