Saturday 22 September 2012

Astro playing the listed/delisted/relisted game

http://cgmalaysia.blogspot.com/2012/08/astro-playing-listeddelistedrelisted.html


I like this article on Astro delist & relisting game

Delisted at 8 bil & relist for 18 bil, sounds like owner earning RM10bil


29.10.2003 first listed
14.6.2010  Delisted (RM8.3b) after closing of General Offer
28.7.2010 Compulsory acquisition of remaining shares
Oct 2012  Relisting at ~RM18.7 bil. The retail offer price is said to be at RM3 a share and Astro is seeking to re-list on Bursa Malaysia on Oct 19.

No comments:

Post a Comment